Pump prices continue to fall, now $0.11 lower than a week ago, as the Sandy dynamic now favors...

|By:, SA News Editor

Pump prices continue to fall, now $0.11 lower than a week ago, as the Sandy dynamic now favors lower prices. Gasoline futures fell ~1% today to reverse yesterday's gains, on concerns about lower energy consumption and the belief that east coast refineries emerged from the storm without much damage. Crude futures edged higher, reflecting higher demand for oil in the Midwest and Gulf Coast.