Weekly Gasoline Price Update: WTIC Down 18.6%
The price of Regular and Premium are down thirteen and eleven cents each, respectively, from last week. According to GasBuddy.com, Hawaii has the highest average price for Regular at $3.44 and Oklahoma has the cheapest at $1.84. The WTIC end of day spot price closed at 28.70, down 13% from last week.
How far are we from the interim high prices of 2011 and the all-time highs of 2008? Here's a visual answer.
The next chart is a monthly chart overlay of West Texas Light Crude, Brent Crude, and unleaded gasoline end-of-day spot prices (GASO).
In this monthly chart, the WTIC end of day spot price closed at 23.36, down 18.6% from last Monday.