"HOUSTON -- As the Memorial Day weekend and the summer driving season approach, gasoline prices are easing. But most drivers will find prices only modestly lower than a year ago."
"Nationwide, the price of a gallon of regular gasoline has been drifting lower by about half a cent a day over the last month, and energy analysts say that trend should continue over the next few weeks, in at least some states.
'Drivers are getting a respite,' said Rodney L. Waller, a senior vice president at Range Resources, an oil and gas company based in Fort Worth. 'But it’s a tenuous respite based on all the changes in the global oil market and the opening and closings of refineries across the U.S.'"
Clifford Krauss reports for the New York Times May 24, 2012.
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