The national average price for a gallon of gas fell in the past week to reach $3.71, a level not seen since the beginning of March.
Posts tagged as “oil prices”
Lower oil prices, modest domestic gasoline demand, and a quiet hurricane season are combining to drive pump prices lower.
Overall national average of $3.90 is 51 cents less than a month ago but hurricane season looms as a disruptor.
Today’s national average of $4.35 is 63 cents less than a month ago and $1.20 more than a year ago.
Lower demand has lowered prices, but the lull could end as summer driving season heats up
Today’s national average of $4.89 is nine cents less than a week ago, 30 cents more than a month ago, and $1.80 more than a year ago.
The slight drop in gas demand has helped to limit pump price increases. However, as crude oil prices remain volatile, the price per gallon for gasoline will likely remain elevated.