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Relief at the pump?

The price of crude oil has fallen, again, hitting a 20-month low at $60 a barrel and drivers are feeling a relief at the pump. Retail gasoline prices dipped for a 17th week in the US falling below $2 a gallon in a number of states. Meanwhile, prices in Canada have fallen for an eighth straight week, averaging less than 90 cents a liter for the first time in two years.

Polish drivers aren't feeling the same relief at the pump, due to the strong dollar. However, prices have dropped 20 percent and today, for 60 liters of gas, drivers are paying around zł.60 less than they did in June. It wasn't too long ago that a liter of regular gas cost zł.4.7 and today, at some stations, that figure has dropped zł.1.

Sources: AP, Puls Biznesu, MJ Ervin & Associates

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