“I have a couple vehicles so I have to maintain them, and the price is absolutely wonderful being down this low”, Jen Stanton said.
Advertisement
The Dearborn-based auto club says the average price for self-serve regular unleaded gasoline was about $1.91 per gallon on Sunday.
The national average is 15.8 cents per gallon lower than it was a month ago and is 53.3 cents per gallon lower than a year ago.
Holiday travelers are leaving the pump with a little more money to spend on gifts this year, with gas prices dropping again this week to some of the lowest numbers in years. “Yes, it can”, said Jeff Pelton, senior petroleum analyst for GasBuddy, in a press release.
Amarillo gas prices are now 44.9 cents per gallon lower than the same day one year ago and are 5.6 cents per gallon lower than a month ago.
Citro at 2765 W. Forest Hill Blvd.in suburban West Palm Beach was selling regular for $1.97 Monday. But so far this year, she said, oil prices are down 29 percent while gasoline is down only 16 percent.
In Paducah, prices are ranging from $1.76 to $1.99 a gallon.
“The national price decline has stalled and recently nudged up a hair based on localized spikes in the Great Lakes region”, Pelton said.
Crude oil futures fell $1.14 to close at $35.62 a barrel Friday on the New York Mercantile Exchange. The weekly average of $36.94 was the lowest since the week of February 13, 2009.
Advertisement
However, output from non-OPEC nations is likely will drop next year for the first time since 2008, as producers adjust to the deep drop in oil prices, the U.S. Department of Energy has forecast.
