Gasoline prices followed oil higher earlier this year. Since October, they seem to be moving to their own beat.
Gasoline prices have leveled off as motorists buy less fuel. MasterCard SpendingPulse, which tracks gasoline purchases around the country, said Tuesday that American drivers have bought less fuel for four months in a row.
Pump prices in the U.S. are increasingly influenced by oil produced in foreign countries, and those varieties haven't risen as sharply as the U.S. benchmark crude. Refineries that make gasoline also are producing cheaper winter fuel blends for this time of year.
The government is forecasting that gasoline prices should continue to fall through the end of the year and analysts say it could touch $3.25 by New Year's.
Copyright 2011 The Associated Press.