Gas prices roll back – a bit | VailDaily.com
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Gas prices roll back – a bit

Cliff Thompson

EAGLE COUNTY – Gasoline prices nationally have declined for six straight weeks after setting record highs, but the pain at the pump here has been slow to go.In Eagle County gas prices range from $2.44 a gallon for unleaded in Eagle and Gypsum to $2.50 a gallon in Vail. Diesel is priced at $2. 65 a gallonThat’s a drop of 1.8 cents a gallon in a week, according to Colorado AAA, a motorist advocacy group. Statewide the price of gas dropped 3 cents in the last week.Gas prices vary widely, AAA said, so don’t be afraid to shop a bit. “It makes good economic sense to check fuel prices at several locations before filling up,” it warned in a press release this week. “Retail prices usually come down much more slowly that they go up, as station owners attempt to preserve profit margins.”A year ago gas in Vail was priced at $2. 33. Last month it was priced at $2.56. Statewide the price of gas has dropped nearly 9 cents a gallon – to 2.15 – said Colorado AAA. Gas in Denver is priced at $2.08 a gallon.Nationally the price of a gallon of unleaded gas has dipped to $2.11. Ten states even have gasoline priced at less than $2 a gallon. The rollback of prices may be temporary, experts agree.”I think we may see another run to the higher side sometime after Memorial Day,” said Bryant Gimlin, of Gray Oil in Denver last month. “Sometime between six months and a year, we’ll see crude oil at $60 a barrel.”Crude oil was selling for $50.98 a gallon at close of trading Wednesday.Staff Writer Cliff Thompson can be reached at 949-0555, ext. 450, or cthompson@vaildaily.com.Vail, Colorado


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