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U.S. Gasoline Prices Hit Lowest Levels since July.

The Orlando Sentinel (Orlando, FL)

| November 12, 2003 | COPYRIGHT 2003 The Orlando Sentinel. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Sarah Hale Meitner

Nov. 12--Gas prices have dropped to their lowest levels since July, giving motorists a much-needed reprieve as many plan to hit the road this holiday season.

Fuel experts say the downward trend in prices is expected to continue through December -- even as demand intensifies heading into Thanksgiving and Christmas. But they also warn that the nation's gasoline inventories are lower than they were a year ago, so prices could change direction if the supply is disrupted.

Still, the chances of gasoline prices setting another record this year are slim.

"We aren't going to see $1.65 again for awhile," said Gregg ...

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Source: HighBeam Research, U.S. Gasoline Prices Hit Lowest Levels since July.

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