Gasoline prices still falling

CHARLESTON, W.Va. (AP) — West Virginia motorists are paying less for gasoline than they did three months ago.

According to AAA’s Daily Fuel Gauge Report, the average price of a gallon of regular gasoline in West Virginia has fallen by 54 cents, from $4.12 in July to $3.58 Monday.

Experts attribute the decline to falling oil prices. The price of oil has dropped by nearly 40 percent since July.

The Daily Fuel Gauge Report says Monday’s average price of a gallon of regular gasoline was $3.64 in Charleston, $3.66 in Huntington, $3.41 in Parkersburg and Weirton and $3.50 in Wheeling.

The national average price was $3.50.

My mother-in-law reports that she was in Columbus this past weekend and saw a posted price of $3.139, or something like that.

Meanwhile, in Chillicothe, it's around $3.429, making it 20 cents cheaper than this morning's price in Huntington. In Lexington, Ky., you could buy it as low as $3.209, although most stations were selling it for a dime more.

Things are getting back to normal.

Meanwhile, we haven't heard anything from West Virginia Attorney General Darrell McGraw about his latest investigation into price gouging during the Ike spike.

UPDATE 1: Prices in Huntington are going down this afternoon. Some places are $3.399, some are still in the lower $3.60s.