Oil prices down worldwide, but up in many southeast Alaska communities

World oil prices have fallen dramatically since their summertime highs of more than $140 a barrel. In Southeast Alaska prices for heating oil and gasoline have declined much more slowly. In some communities, prices have actually increased since this summer. Angoon, Gustavus, Kake, Pelican, Point Baker, and Thorne Bay all report gasoline prices increasing from June to mid-October. In all those communities — except Gustavus and Thorne Bay — heating oil prices also increased.

John Ryan, KTOO – Juneau

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