Pump Prices Ease, But Vary Wildly
Posted September 1, 2006 7:36 a.m. EDT
Updated November 10, 2006 9:35 a.m. EST
RALEIGH, N.C. — Gas prices are dropping just in time for Labor Day weekend travel.
Almost a year ago, Triangle gas prices hit a record high of $3.18 for a gallon of unleaded regular. Now, the average price is $2.77 a gallon, although stations vary widely in pricing across the area.
In north Raleigh, some stations charge as much as $2.89 a gallon. While stations south of downtown charge 20 to 25 cents less a gallon.
"I think it's crazy," one driver said. "Gas prices shouldn't change based upon the side of town."
Convenience store owners in north Raleigh said they have to charge higher prices, in part, because their rent is higher than stores in south Raleigh.
Gas prices peaked this summer in early August, when the average hit $3.03 a gallon.
Prices have fallen since then because of decreased tensions in the Middle East and because of slowing demand in the U.S. as the summer travel season comes to a close.
Still, some drivers wish the prices would fall even more.
"They're too high, definitely," one driver said.