Good morning, Readers,
Here’s where we’re at with local gas prices, and it isn’t pretty. Today, Monday, it’s at $4.27 on average for a gallon of unleaded, same as the state average, which, by the way, is the highest in all of the Lower 48 states.
Let me repeat. No one in the Continental United States is paying more for gas today that Washington motorists.
There’s more.
In Kitsap County, we are one slim dime within reaching the all-time high price for gasoline.
That occurred July 19, 2008, when the price escalated to $4.37 locally, according to AAA.
Alaska has the price at $$4.49 today; Hawaii’s at $4.51.
— Rachel Pritchett
P.S. Here’s a few paragraphs from an Associated Press story on Monday’s oil prices.
The Associated Press
The price of oil moved very little Monday, coming off a week where questions about a global economic slowdown sparked an 8 percent decline.
New signs of weakness in the U.S. economy emerged following Friday’s disappointing jobs report. Meanwhile, China’s economic growth is slowing and Europe is mired in a financial crisis that sent the region’s unemployment rate soaring. This is raising questions about the strength of demand for oil and other energy products.
Benchmark oil moved between small gains and losses. The price fell 21 cents to $83.02 per barrel in New York. Brent crude dropped 76 cents to $97.67 in London.