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Posted on Wed, Aug 25, 2010 : 7:08 p.m.

Gasoline prices hit eight-month low

By Heather Lockwood

The Washington Post reports that gasoline prices hit an eight-month low Monday, "providing the latest sign of pessimism about the economic recovery."

"The sagging commodity market price for gasoline is good news for American motorists, promising a mild easing in pump prices," according to the article. "It also marks the end of a summer of relative stability for retail gasoline prices, which have fluctuated by about 20 cents per gallon since the beginning of the year and have stayed in an 8-cent range for the past 69 days."

Read the full story here.