Friday,  November 2, 2012 • Vol. 13--No. 108 • 3 of 47 •  Other Editions

Gas Prices Post Steep Decline of 26 Cents a Gallon in October

• The national average price of regular gasoline dropped 26.2 cents a gallon (6.9 percent) in October, which was the steepest monthly decline since June. This was the fourth monthly decline in gas prices this year, and it was the largest decline for the month of October since 2008.
• The South Dakota average on Oct. 1, 2012 stood at $3.865. Today's (Nov. 1, 2012) average is $3.519, a decline of 34.5 cents.
• "Gas prices towards the end of October were dropping at the fastest speeds in nearly four years," said Marilyn Buskohl, AAA South Dakota spokeswoman. "If this trend continues as expected, motorists may soon be paying even less than last year to fill up their cars."
• The national average price of gas has dropped for 21 straight days, which is the longest consecutive decline since the middle of June.
• The national average price of gas dropped by 14 cents (3.8 percent) a gallon from Oct. 19-26, which was the steepest week-over-week decline since the end of 2008.
• The average price of gas in California has dropped 59.6 cents a gallon (12.8 percent decline) since reaching an all-time high of $4.671 a gallon on Oct. 9. Other

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