The US average retail price of regular gasoline decreased five cents from the previous week to $2.33 per gallon on September 21, $1.03 per gallon lower than the same time a year ago.
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The average price in Riverside and San Bernardino counties has dropped for 40 consecutive days and 66 of the past 68, decreasing $1.116, including 2.2 cents on Tuesday, according to figures from the AAA and Oil Price Information Service.
“Almost one in 4 stations at the moment are promoting gasoline underneath $2 per gallon, and it seems like that ought to exclusively develop within the weeks forward”, DeHaan stated in a press release. Although prices are higher in the West, both Washington and Oregon were among the states with the biggest price decliness in the last week – with prices dipping 11 cents in both states Monday.
Crude oil prices are up 19 percent this month.
Prices in the Los Angeles-Long Beach metropolitan area were a bit higher – about $3.17 per gallon on average as of Wednesday – but have also fallen substantially recently.
Gas prices in New Hampshire fell nearly a nickel per gallon in the past week, to an average of $2.21. “Plus, oil prices are especially low right now due to a wealth in global supply”. With the change in weather, gas companies typically switch to a cheaper seasonal blend of gas.
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The overall national average has dipped by about $0.34 cents per gallon in the last month.
