Page added on October 27, 2005
Trends welcome; How long they last is open to question
Peggy Ilardo filled the tank of her Chevy Suburban only halfway at a gas station near Towson yesterday in the hope that the price is “going to go down a little bit further.”
Based on recent swings at the pump, that seemed a good bet: Gasoline has been getting cheaper in recent weeks, bringing relief to consumers who appear to have been shocked into modifying their habits after a stretch of record prices brought on by Hurricanes Katrina and Rita.
A gallon of regular, on average, dropped to about $2.60 yesterday from a peak of $3.04 registered Sept. 5, a week after Katrina struck Louisiana and Mississippi.
Still, average prices are up across the nation about 57 cents from a year ago, according to government statistics.
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