Fuel prices to drop but slowly
Thursday, December 11 2008
Unalaska, AK – Oil prices have dropped precipitously in the past month leading to cheaper gas through out the Lower 48. In some areas, unleaded fuel went from over $3 per gallon to only $1.50. Fuel prices in Unalaska are also going down, but at a slower rate. According to North Pacific Fuel, unleaded gasoline has dropped 62 cents to $3.95 and both types of diesel have dropped 30 cents to $3.89 for number one and $3.79 for number 2. An official from the company said Unalaskans should see further price reductions soon, once a new shipment of fuel comes in. He explained that until old inventories of fuel are sold and restocked, the prices will stay high. He would not say how much of a drop could be expected or how soon.