Thursday, Aug. 7
Gas prices in Marshall have plunged sharply in the past week, returning to levels not seen since early May. At $3.45 per gallon at several stations early Thursday, Aug. 7, Marshall's prices remain well below the national average $3.84 reported by CNN. The national average is down more than 25 cents from its July 16 peak.
Gas prices peaked in Marshall about the same time as the national peak, hitting nearly $3.90 before settling back a few cents.
The retreat of gas prices has been linked to reduced consumer demand. But as CNN's article notes, "gas prices remain high in historical terms. Thursday's national average price is more than $1 higher than it was a year ago."
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