Web Search powered by YAHOO! SEARCH

  

share
email
print
reprint
font size
options
 


Gas costs less in Phila. area today

Gas cost less this morning, on average, throughout the Philadelphia region.

According to AAA Mid-Atlantic, the average for a gallon of regular no-lead in the five-county Philadelphia area was down 2 cents over the weekend, to $2.69.

South Jersey's average was down 1 cent, to $2.46.

The national average was down 2 cents, to $2.61.

In each case, the average was down 3 cents from a week ago.

Today, 13 states - one more than last week - have an average price at or below $2.50 a gallon, the auto club said.

The average for diesel was up 1 cent overnight, to $2.83, in the Philly area; up 2 cents, to $2.50, in South Jersey; and unchanged, at $2.62, in the nation overall.

Meanwhile, oil prices plunged nearly $3 to below $64 a barrel as dismal unemployment figures from the United States and Europe last week sparked investor doubts about any nascent economic recovery.

A significant fall in natural gas prices - a likely sign that industries are still struggling and unlikely to add jobs - as well as gains by the U.S. dollar and falling stock markets around the world all helped push energy prices lower.

By mid-afternoon in Europe, benchmark crude for August delivery was down $2.93 to $63.80 a barrel in electronic trading on the New York Mercantile Exchange. Earlier in the session, the contract fell as low as $63.40. It last settled on Thursday at $66.73.

 

  • Jobs
  • Cars
  • Real Estate
  • Rentals
 
SEARCH JOBS
Spotlight Deal
Rittenhouse Square 19103
Spotlight Deal
West Chester 19380
SEARCH REAL ESTATE
Spotlight Deal
Rittenhouse Square 19103
Spotlight Deal
East Falls 19129
SEARCH RENTALS
PHILLY.COM INDICES WATCH
Business newsletter
Sign up for a free e-mail business update from the Inquirer straight to your inbox every weekday afternoon.

Faced with limited job options, many young adults are turning to an old standby to weather the recession: moving back in with mom and dad.
REMEMBER THAT snotty expression, "You can never be too thin or rich"? A kinder, wiser thought might be: "You can never have too much bandwidth," the Internet service "pipeline" to run applications at home. That's because, in shockingly fast order, product innovators and consumers are filling it up.