Getting your player ready...
HOUSTON — A worsening economic climate pushed crude futures downward and depressed gasoline futures even further Monday, one bit of good news for consumers amid dour economic reports.
After trading above $69 per barrel, light, sweet crude for December delivery tumbled $3.87 to settle at $63.91 on the New York Mercantile Exchange.
Declining gasoline futures have led to sharp drops in the price of gasoline. The average price for a gallon of regular gasoline dropped to $2.41 nationally Monday, down more than 30 percent from last month, according to auto club AAA, the Oil Price Information Service and Wright Express.
