Posted on Tue, Nov. 3, 2009
Today looks a lot like yesterday up and down the array of gas and diesel prices.
The average for a gallon of regular no-lead was unchanged overnight in the five-county Philadelphia area ($2.74), in South Jersey ($2.53, third day in a row), and in the country as a whole ($2.69, fourth day in a row), according to AAA Mid-Atlantic.
The diesel averages were largely unchanged: $3.04 in the Philly area; and $2.74 in South Jersey; with a 1-cent decrease, to $2.83, for the national average.
Wyoming remains the winner of the lowest-average sweepstakes, at $2.50 a gallon. Alaska ($3.41), Hawaii ($3.29), and California ($3.01) lead the high end.
Meanwhile, oil prices rose as the Federal Reserve began a two-day policy meeting on interest rates.
Since oil is largely bought and sold in dollars, investors holding stronger currencies can buy more crude for less and have done so in recent months, sending the price of benchmark crude above $80 near the end of October.
Though the central bank isn't expected to take any action on interest rates, statements issued after such meetings can hint at the Fed's take on the state of the economy.
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