SAF Wednesday E-Brief - 06/13/2007 (Plain Text Version)
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Gas Prices Fall for First Time Since January
Florists who have been sweating over the amount they shell out on gas for deliveries are finally experiencing (a little) relief. The national average gas price has dropped 7 cents in the last three weeks -- the first decline since the start of 2007, according to a nationwide survey released Sunday (as reported by the Associated Press). Prices, however, are still up 93 cents from January.
The drop is due to a boost in imports of gasoline from foreign producers, lured by record-high prices. Lundberg told the AP that the previous rise in price was caused by refineries experiencing setbacks, such as mechanical failures, and scheduled upgrades. Because of this, they were not able to produce gasoline fast enough to meet consumer demand. Read about how florists dealt with high gas prices for Mother's Day deliveries. Find the lowest gas prices in your area. --Vanessa Machir
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