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Gas Prices Continue To Drop

 

The price of a barrel of crude oil in 2008 topped $140 a barrel. Last week, it was trading at minus $34, meaning oil producers were paying to have it taken off their hands. That’s one of the reasons gas prices around the country continue to fall.

 

The national gas price average is $1.75, which is a drop of 1 cent since last week, 21 cents since last month and $1.13 since last year. In Kansas, prices have dropped 8 cents since last week, nearly 32 cents in the past month and $1.18 since last year.

 

The state average sits at $1.44. Montgomery County, however, currently sits 15 cents higher than the state average at $1.59, while Labette County came in slightly higher than the state average at $1.49 a gallon. Chautauqua County is level with the state average.

 

Oklahoma has checked in with the least expensive gas in the country with an average gallon of gasoline costing $1.34. Gas in Washington and Nowata counties came in under the state average at $1.24 and $1.28 a gallon, respectively.

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