Gasoline Prices Drop for 25 Straight Days -- Rally Sputtered with Fewer Taking Road Trips

The Commercial Appeal (2007-Current) (July 17, 2009)

Author: Chris Kahn
Permanent Link: http://vlex.com/vid/gasoline-rally-sputtered-fewer-trips-61253144
Id. vLex: VLEX-61253144

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Summary:

NEW YORK - Retail gas prices dropped Thursday for the 25th consecutive day as America's appetite for petroleum hovers around 10- year lows.

"Demand is about as poor as it's been in a long time," said Tom Kloza, publisher and chief oil analyst at Oil Price Information Service.

Extract:

Gasoline Prices Drop for 25 Straight Days -- Rally Sputtered with Fewer Taking Road Trips

The steady drop in pump prices follows almost two months of daily increases. The rally, which peaked on J...



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