All good things must come to an end, as was the case with West Virginia’s streak of weekly declining average gasoline prices.

“West Virginia’s nine-week streak of dropping gas prices came to a halt this week when gas prices experienced an increase of just less than a penny,” said Bevi Norris, spokesperson for AAA East Central. “Tuesday’s average price in West Virginia at the pump for a gallon of regular brand gasoline was $2.19.”

That average price isn’t found in Beckley, however.

The $2.299-per-gallon average here is the highest in the state, about 10 cents more than the state average and about 7 cents higher than the national average.

The lowest average price in the state is found in Weirton at $2.131, according to AAA.

According to westvirginiagasprices.com, the lowest price found Tuesday was at a Wal-Mart Sunoco station in Keyser at $2.09 for regular with a discount card. The highest was at a Marathon station in Philippi at $2.39.

According to the AAA Fuel Gauge Report, the pace of decline in the nationwide average price of regular slowed a bit in the last week with the price falling 3.9 cents per gallon to $2.223.

Last week the price dropped 4.3 cents per gallon, according to the report.

“Even larger weekly price declines were registered throughout the month of September,” Norris said.

Wholesale inflation, helped by the record plunge in gasoline prices, dropped by the largest amount in more than three years in September, according to the U.S. Department of Labor. Industrial production was also down sharply, according to the Labor Department report.

Wholesale prices fell by 1.3 percent, nearly double the expected decline, as the cost of gasoline sank by 22.2 percent, the biggest drop on record, the report indicated. The reports Tuesday showed that the slowing economy is lowering inflation pressures.

However, the Federal Reserve reported output at the nation’s factories, mines and utilities fell by 0.6 percent. Manufacturing output dropped 0.3 percent, with widespread declines in auto production and other consumer goods.

— E-mail:

fpace@register-herald.com

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