Gas Prices Fall Friday, Futures Prices Higher

Retail gas prices fell slightly Friday,, the first time in 18 days that they haven't risen to a record. Analysts say pump prices may be peaking for the year. Oil futures, meanwhile, soared after Turkish air strikes on Kurdish rebel bases in Iraq injected some supply concerns into the market. The national average price of a gallon of regular gas fell 0.1 cent overnight to $3.622, according to a survey of gas stations by AAA and the Oil Price Information Service. That is the first time since April 14 that retail prices have fallen. Diesel prices fell 0.2 cent to a national average of $4.249 a gallon. I guess we are lucky here that we are paying $3.479 and diesel is just over $4 I believe.