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Article from bizjournals.com: Denver gas prices down 1 cent

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  • Dennismk1@aol.com
    Hello from bizjournals.com! Dennis M. Linsky (Dennismk1@aol.com) thought you might like the following article from The Denver Business Journal: Denver gas
    Message 1 of 1 , Feb 5, 2004
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      Hello from bizjournals.com! Dennis M. Linsky (Dennismk1@...) thought
      you might like the following article from The Denver Business Journal:


      Denver gas prices down 1 cent

      Published: February 4, 2004
      ------------------------------------------------------------
      Metro Denver gasoline prices decreased a penny last week to an average
      of $1.51 per gallon for unleaded, AAA Colorado reported today.

      Across the state, the average price also fell -- but only by
      three-tenths of a cent. Colorado prices ranged from $1.50 in Greeley to
      $1.82 in Vail where fuel is the most expensive in the state, of the
      cities surveyed by AAA Colorado.

      The national average last week was $1.62 a gallon, up 10.5 cents from
      the January average and 8.4 cents from this time last year. In Colorado,
      the average of $1.55 has increased 7.9 cents from a month ago and 4.7
      cents from a year ago.

      Crude oil prices have settled this week after dropping to around $32 a
      barrel, suggesting some relief may be in sight, according to AAA
      Colorado. Still, cold winter weather and the growing U.S. economy
      require increased energy consumption and may keep prices high.

      OPEC will meet Tuesday in Algiers to set production targets for the
      second quarter of 2004. Though the outcome of this meeting will affect
      global oil prices, especially as Americans prepare for the summer
      driving season, there is little consensus on what the cartel will decide
      to do, AAA Colorado said.



      Copyright(c) American City Business Journals Inc. All rights reserved.

      You can view this article on the web at:
      http://denver.bizjournals.com/denver/stories/2004/02/02/daily38.html
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