Photo: In this July 13 file photo, the Boeing 787 Dreamliner taxis on the runway at the Indira Gandhi International Airport in New Delhi.
Credit: Associated Press Pump prices were continuing to fall in California and the rest of the nation, but remain so high in a weak, post-recession economy that some consumers are feeling no relief at all.
So people are continuing to cut back, not only on their driving, but on other expenses as well. The average price of a gallon of regular gasoline in California reached $3.889, down from $3.government free credit report Erie 930 a week earlier, according to the AAA Fuel Gauge Report. But a year government free credit report Erie ago, the California average was just $3.013 a gallon. Nationally, the average was dropping at a faster rate, to $3.493 a gallon from $3.588 a week ago.
But the national average was just $2.government free credit report Erie 70 a gallon at this time in 2010. For some, like security guard Michael Stell of Foothill Ranch, a drop of a few pennies a gallon simply is not enough. Stell lost his job as a master fitness trainer at a well-known national chain of gyms at the end of 2008.
As a security guard, Stell said, he government free credit report Erie makes about half as much money as he did as a trainer. As a consumer, Stell says, he has reduced all of government free credit report Erie his spending.
At night, at home, he lives with the lights off in all but the room hes occupying. mycreditreport Stell has cut way back on air conditioning and dining government free credit report Erie out. Hes cut his driving in his Ford government free credit report Erie Ranger truck and PT Cruiser by more than halfto get a cheaper rate on his auto insurance. For recreation,Stell said he used to ride his Harley Davidson Electraglide motorcycle about 15,000 miles a year. This year, Stell says he will keep it government free credit report Erie to 5,000 miles. My dad was government free credit report Erie an Arco distributor and I know he government free credit report Erie must be rolling over in his grave about prices like these, Stell said in an interview. It seems like they always shoot up a lot over a few weeks, and then they drop a little bit, and very slowly. Phil Flynn, an analyst with PFGBest Research, said that gasoline prices could drop faster and further if Libyan oil returns government free credit report Erie to the world market by the end of the year. my free annual credit report Before the fighting that ousted longtime leader Moammar Kadafi, Libya was exporting as much as 1.65 million barrels government free credit report Erie of oil a day. Oil gained10 cents to $79.95 per barrel in midday government free credit report Erie trading Monday on the New York Mercantile Exchange.In London, Brent crude rose 16 cents to $104.13 per barrel.
Working, but still falling short 2011 looks like a record year for spending on gasoline Rising exports mean gasoline prices arent dropping as fast as they could Photo: Gas prices are falling, but consumers say they arent feeling much relief.
Above, a woman pumps gas at a service station in Portland, Ore. Credit: Don Ryan, Associated Press Heres your mystic-pizza Monday roundup of consumer news from around the Web: --Do you find self-checkouts at the supermarket to be more hassle than theyre worth? Big Y Foods, which has 61 locations in Connecticut and Massachusetts, recently became one of the latest to announce it was phasing out the self-serve lanes. Some other regional government free credit report Erie chains and major players, including some Albertsons locations, have also reduced their unstaffed lanes and added more clerks to traditional lanes.Studies cited by the Food Marketing Institute found government free credit report Erie only 16% of supermarket transactions in 2010 were done at self-checkout lanes in stores that provided the option. --Theres more scrambling afoot in the online-video world. credit report gov Netflix has inked a government free credit report Erie pact with DreamWorks Animation SKG giving it exclusive pay-TV distribution rights for first-run films starting with the studios 2013 lineup, while Amazon.com landed a deal with 20th Century Fox to provide movies and TV shows to bring its Amazon Prime streaming service to more than 11,000 titles. Financial terms of the agreements were not disclosed. Netflix is struggling to retain subscribers after raising prices and splitting the company into two separate services. Last week, satellite-TV provider Dish Network resurrected its Blockbuster brand as a streaming government free credit report Erie service. A new study by Bankrate.com finds that only 45% of checking accounts are free this year. Thats down sharply from 65% last year and 76% two years ago.
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