Gas prices down again

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Guam – A week after a 10-cent price drop, gas prices are down yet again–and by another 10 cents.

The price for a gallon of regular unleaded at all three gas stations went from $4.33 to now $4.23. The 10-cent fall comes exactly a week after gas prices dropped by 10 cents as well.

The plunging numbers follow a global trend in declining oil prices which began over the Black Friday weekend, dropping below $60 a barrel for the first time since February.

Those numbers have since stabilized closing today at $62 a barrel which means gas prices on Guam will likely climb again gradually over the next few weeks.

For now, enjoy the reduced prices at the pump, they might not last very long.