Oil Dips Below $100 Barrel, but Gas Prices Will Soon Soar Again

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Location: Greenland
January 23, 2024
Listings: 96
ID: 142429
June 29, 2024

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Prices at the pump Tuesday averaged $4.316 a gallon. That's about nine-tenths of a penny less than Monday, but about 81 cents a gallon more than a month ago, and $1.45 more than this time last year. To fill up a typical 15-gallon gas tank costs about $65. 

The modest drop follows a more noticeable decline in the price of oil, which fell below $100 a barrel Monday for the first time since March 1. West Texas Intermediate crude, the benchmark for US oil, hit a low of $99.76 before closing at $103.10 yesterday. On Tuesday morning WTI dipped even further to $93.53.

In a post made in February, the local flower fields shared that the proceeds would also go to the 'creation of community memorial gardens and similar tributes that honor Ethan, Xana, Kaylee and homeschooling a 4 year old behavioural problems Maddie.



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