Gas prices are down, but a big threat looms

Gasoline prices fell again on August 19, with the national average falling to $3.89 a gallon while crude oil prices rose slightly to $91.56 a barrel.

The most common price is $3.49 a gallon, Patrick De Haan, head of petroleum analysis at GasBuddy, the Boston provider of retail fuel price information, told TheStreet. The cheapest 10% of stations sell gasoline for an average of $3.22 a gallon and the median price is now $3.72 a gallon. Diesel sells for $4,996 per gallon.

Consumers got a little reprieve in the past two months from higher gasoline prices, even as inflation in energy, housing and food costs has eroded wage income.

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