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The Price Of Gasoline Is Falling… Slightly. Here’s What We Know.

Gas Prices Falling?

In the last week, we’ve seen the price of gasoline drop a bit lower across the country. In a few Western states, though–most notably California–the price actually increased!

Per Consumer Afairs, the AAA Fuel Gauge Survey shows the national average price of regular gas is $2.64, two cents lower than last Friday. That’s eight cents higher than a month ago. The average price of premium is $3.25 a gallon, about the same as last week. The average price of diesel fuel is $3.00 a gallon, a penny less than last week.

It looks like Motorists in California are feeling the most pain, however. After the recent 31 cents a gallon surge, the current average price California is three cents higher than that. Evidently, California has suffered from bottlenecks that appear to have spread to other western states. The average price in Nevada is up seven cents a gallon and is over five cents higher in Oregon as well.

Where Can I Get the Cheapest Gas?

Gas Prices remain the cheapest in the Southeast, with South Carolina, Louisiana, and Mississippi coming in as the best places to fill up.

Though prices usually decrease during this time of year, consumer demand remains higher than average. The Energy Information Administration (EIA) reported that demand last week was 323,000 barrels/day more than the week before that. This demand pushed down gasoline supplies by 1.2 million barrels.

Fortunately, though, for consumers, oil prices have continued to decline this week as traders worry that the ongoing trade dispute with China will eventually push the world into a recession. 

Now, we don’t want to end on that, so see if you can get out and go for a drive this week! Below is a rundown of the states with the most expensive, and least expensive, gas prices:

The Most Expensive Gasoloine
  • California ($4.18)

  • Hawaii ($3.67)

  • Nevada ($3.44)

  • Washington ($3.31)

  • Oregon ($3.21)

  • Alaska ($3.00)

  • Arizona ($2.91)

  • Utah ($2.77)

  • Idaho ($2.77)

  • Illinois ($2.75)

The Least Expensive Gasoline
  • South Carolina ($2.26)

  • Louisiana ($2.27)

  • Mississippi ($2.27)

  • Texas ($2.29)

  • Alabama ($2.30)

  • Arkansas ($2.31)

  • Virginia ($2.31)

  • Missouri ($2.31)

  • Oklahoma ($2.32)

  • Tennessee ($2.35)

Have an opinion on the price of gasoline? Let us know! Shoot us an email to Outreach@ConsiderTheConsumer.com, find us on Twitter, FacebookInstagramLinkedIn, or even connect with us directly on our website! We look forward to hearing from all of you, and fighting this issue with you. 

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