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Essentials News

A Part Of West U and Bellaire Essentials Magazine

Release Of Strategic Reserve Oil Drops Area Gasoline Prices Once Again

June 28, 2011 by Bellaire Essentials Staff Leave a Comment

GAS PRICES DROP AGAIN – The average cost for a gallon of unleaded regular in Bellaire dropped another 6.9 cents last week to $3.43 per gallon.

In the wake of Energy Secretary Steven Chu’s announcement the federal government would release 30 million barrels of oil from the nation’s Strategic Petroleum Reserve, gasoline prices dropped nationwide and throughout the Bellaire area last week.

Average retail gasoline prices in Bellaire fell 6.9 cents per gallon to an average of $3.43 as of yesterday.

This compares with the national average that has fallen 6.5 cents last week to $3.58 per gallon, according to gasoline price website HoustonGasPrices.com.

Including the change in gas prices in Bellaire during the past week, prices yesterday were 87.2 cents per gallon higher than the same day one year ago and are 21.9 cents per gallon lower than a month ago.

The national average has decreased 21 cents per gallon during the last month and stands 84 cents per gallon higher than this day one year ago.

Jun 28, 2011Bellaire Essentials Staff

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