National Gasoline Price Average TUMBLES by Multiple Pennies Week over Week

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The nation’s average price of gasoline has fallen 3.6 cents over the last week and stands at $3.12 per gallon, according to GasBuddy® data compiled from more than 12 million individual price reports covering over 150,000 gas stations across the country. The national average is down 1.8 cents from a month ago and is 2.8 cents per gallon lower than a year ago. The national average price of diesel has decreased 2.6 cents in the last week and stands at $3.658 per gallon.

“While gas prices fell in more states than they rose last week, the West Coast continues to face challenges, with Oregon and Washington seeing some of the largest increases due to regional infrastructure issues,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “The good news is that the transition to cheaper winter gasoline begins tomorrow across most of the nation, and with improvements underway in the West Coast market, I expect that average gas prices will continue to decline in the weeks ahead in most states — assuming hurricane season remains quiet.”

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In early trade, WTI crude oil was up 31 cents to $63 per barrel, down from $63.12 a week ago. Brent crude oil was up 18 cents to $67.17 per barrel, slightly higher than last week’s $66.79 per barrel start.

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The states with the lowest average prices: Mississippi ($2.68), Oklahoma ($2.73), and Arkansas ($2.75).

The states with the highest average prices: California ($4.64), Washington ($4.64), and Hawaii ($4.45).

Biggest weekly changes: Oregon (+21.5¢), Washington (+20.7¢), Florida (-16.4¢), Ohio (-15.2¢), Michigan (-13.9¢)

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The states with the lowest average diesel prices: Texas ($3.20), Mississippi ($3.27), and Louisiana ($3.30).

The states with the highest average diesel prices: Hawaii ($5.15), California ($5.12), and Washington ($5.03).

Biggest weekly changes: Florida (-10.6¢), Colorado (-7.6¢), Louisiana (-6.3¢), Wisconsin (-6.3¢), Iowa (-5.2¢)

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