Gas Prices Drop Heading Into Fall
Just after Labor Day, there’s been a significant decrease in the gasoline prices in most areas of the country. The gas price drop happened due to the decline of oil prices, as well as the decrease in demand for fuel.
According to the AAA Fuel Gauge Survey, the national average price of regular gas is $2.20 per gallon. This is two cents lesser than its actual price a week ago. They added that the price never fluctuated more than six cents a gallon over the last month.
Meanwhile, $2.81 a gallon is the average price for the premium gas, which is two cents less than last Friday. On the other hand, the price of diesel fuel remained at $2.42 a gallon over the last month.
“Summer may be fading into the rearview mirror, but less expensive gas prices are not,” Jeanette Casselano, a AAA spokesperson said. “Moving into fall we traditionally see a drop in demand and further savings at the pump. This year that means pump prices could possibly push even lower than we’ve already seen in 2020.”
Below are the states with the highest prices for regular gas, according to the AAA Fuel Gauge Survey:
- California ($3.24)
- Hawaii ($3.24)
- Washington ($2.83)
- Oregon ($2.66)
- Nevada ($2.68)
- Alaska ($2.55)
- Pennsylvania ($2.51)
- Utah ($2.47)
- Idaho ($2.46)
- Colorado ($2.34)
Now, here’s a list of the states with the lowest prices for regular gas:
- Mississippi ($1.88)
- Texas ($1.89)
- Louisiana ($1.91)
- Missouri ($1.91)
- Arkansas ($1.91)
- Alabama ($1.91)
- Oklahoma ($1.92)
- South Carolina ($1.95)
- Tennessee ($1.96)
- Kansas ($1.99)
Editor’s note on Gas Prices Dropping:
This piece is written about the recent Gasoline Price Drop. If you have questions regarding this news, please send us a message.
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