Share “Gas prices staying down as 2013 starts”

Gas prices staying down as 2013 starts

Published on NewsOK Modified: January 7, 2013 at 2:14 pm •  Published: January 7, 2013
Advertisement

The Energy Department expects gas to average $3.43 a gallon this year. That's based on an anticipated decline in Brent crude, which is a benchmark for oil imported on the U.S. East Coast, to an average of $104 a barrel.

Drivers in Colorado, Minnesota, Oklahoma, Utah and Wyoming are paying below $3 a gallon on average. Hawaii remains the only state above $4. New York is the second-highest at an average $3.75 a gallon.

In other energy futures trading in New York:

— Wholesale gasoline added 1 cent to finish at $2.78 a gallon.

— Heating oil rose 1 cent to end at $3.03 a gallon.

— Natural gas dropped 2 cents to finish at $3.27 per 1,000 cubic feet.