By Patrick DeHaan, head of petroleum evaluation
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Fort Collins fuel costs have fallen 3.2 cents per gallon up to now week, averaging $2.62/g at this time, in accordance with GasBuddy’s day by day survey of 119 stations. Fuel costs in Fort Collins are 8.four cents per gallon decrease than a month in the past, but stand 13.1 cents per gallon decrease than a yr in the past.
“Common gasoline costs have been on cruise management the final week, falling gently for the second straight week as oil costs remained largely in verify as we enter the ultimate month of the summer season driving season,” mentioned Patrick DeHaan, head of petroleum evaluation at GasBuddy. “Even with Iran’s escalating exercise within the Strait of Hormuz and a big attract U.S. oil inventories, oil markets weren’t in a position to push increased, suggesting there could also be extra draw back within the weeks forward. Considerations nonetheless abound over the dearth of a China/U.S. commerce deal as talks get again underway this week, however by and enormous, motorists can anticipate to see little organized motion on the pump within the week forward…