Despite Iraq issues, gasoline prices fall |

Despite Iraq issues, gasoline prices fall

Gas prices fell slightly over the last month, despite tensions with oil-producing Iraq.

The price of a gallon of regular unleaded gas in Northern California dropped 3 cents to an average of $1.62 a gallon, according to a survey released Tuesday by the American Automobile Association.

Gas prices at seven Grass Valley gas stations surveyed by The Union averaged $1.49 a gallon Tuesday, down 10 cents from a month ago.

AAA expects gas prices to stay where they are, or even fall, depending on what happens in the Middle East.

“The crude-oil market is much like the stock market, increasing or decreasing depending on the latest news,” said AAA spokesman Atle Erlingsson. “Barring any major military conflict, we should expect prices to remain stable or drop through the fall.”

The state’s cheapest gas is in Visalia at $1.42, while drivers in Yreka and Eureka are facing the priciest fill-ups at $1.86.

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