The national average of gas is now $2.01 per gallon.
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The last time the national price for a regular gallon dipped below $2 was March 25, 2009. They say the cheaper prices saved Americans more than $100 billion on gas so far this year, equaling about $550.00 per licensed driver.
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In the Lower 48, highest average prices for regular gasoline were in LA at $ 2.71 while in Tulsa, Oklahoma, gas prices were at their lowest at $ 1.72 as per Lundberg.
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December 21- Average retail gasoline prices in Texas have not moved in the past week, averaging $1.79/g yesterday, according to GasBuddy’s daily survey of 13,114 gas outlets in Texas. Merced continues to have the highest local prices at $2.57 per gallon.
Despite the expected uptick in holiday travel this week, DeHaan says it just doesn’t pose enough of a demand hike to tip the prices in the opposite direction.
Lincoln – $2.10 per gallon, down 1.2 cents per gallon from last week’s $2.11 per gallon.
Gas prices also generally fall through early winter because people drive less this time of year.
“This is a holiday gift that few consumers could have imagined when gasoline was almost $4 a gallon”, AAA spokesman Jim Lehman said in a statement. Of course that’s easy to say this year, given we’re seeing the lowest prices in over six years. According to AAA data, Monday’s average is 41 cents cheaper than the same day a year ago. WTI dropped to US$34.73 a barrel on Friday, the lowest since February 2009.
While Indiana is typically a volatile state when it comes to gas prices things should stay below the $2.00 mark until at least Valentine’s Day.
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In South Carolina, the statewide average Monday afternoon was $1.77, according to GasBuddy.com.
