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Gas price sees big drop, again
Prices expected to keep decreasing into holidays
The average gas price in San Bernardino County saw another big drop last week, dipping below $4 for the first time since early August.
The county average decreased by 17 cents to $3.94 on Sunday, according to GasBuddy.com. The price is 52.4 cents lower than a month ago, but still 13.9 cents higher than a year ago.
The national average also fell 5.6 cents to $3.51.
“Even with Hurricane Sandy causing havoc on refineries and infrastructure in the Northeast, gasoline prices nationally have continued to trend lower,” GasBuddy.com Senior Petroleum Analyst Patrick DeHaan said. “It goes to show how much more significant the Gulf Coast is to this nation's energy backbone when such a massive storm causes no major rise in the national average.”
The national average has decreased 28.4 cents per gallon during the last month and stands 7 cents per gallon higher than one year ago.
“The good news is that average prices will likely continue to decline, perhaps to $3.35 per gallon nationally by Thanksgiving,” DeHaan said.
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