Projo Cars Blog

Gasoline prices remain near 2009 high

3:43 PM Mon, Nov 16, 2009 |
Peter C. T. Elsworth    Email

Gasoline prices remained near their highs for the year on Monday as a weaker dollar and rising global stock markets boosted oil prices, according to The Associated Press.

Prices at the pump fell 0.4 cents overnight to $2.631 a gallon, according to AAA, Wright Express and Oil Price Information Service. That is down 6 cents from the peak of $2.691 reached Oct. 30.

But the gap between now and a year ago continues to widen. Prices are now 52.6 cents higher than last year at this time when gasoline prices slid along with oil prices as the recession took hold.


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