Gasoline prices are down, but a bigger threat looms

Gasoline prices fell again on August 19, falling to the national average of $3.89 a gallon as crude oil prices rose slightly higher to $91.56 a barrel.

The most common price is $3.49 per gallon, Patrick De Haan, head of petroleum analysis at GasBuddy, a Boston provider of retail-fuel-pricing information, told The Street. The cheapest 10% of stations are selling gasoline for an average of $3.22 a gallon, and now the average price is $3.72 a gallon. Diesel sells for $4.996 a gallon.

Consumers have had little break from higher gasoline prices over the past two months, even as inflation in energy, housing and food costs eroded income from wages.

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