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Gasoline Falls to $2.51 Per Gallon

The national average price of a gallon of unleaded gasoline fell 12.7 cents to $2.51 per gallon for the week ending Aug. 31, a move that brought it back to late-April levels.

by Staff
September 1, 2015
Gasoline Falls to $2.51 Per Gallon

Photo via Wikipedia.

1 min to read


Photo via Wikipedia.

The national average price of a gallon of unleaded gasoline fell 12.7 cents to $2.51 per gallon for the week ending Aug. 31, a move that brought it back to late-April levels, according to the U.S. Department of Energy.

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The average price is now 94.9 cents higher than it was a year ago, after a week of sharp declines around the country in the nine regions tracked by the agency's information division.

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The sharpest declines came in the Midwest where the gallon price fell 20.1 cents to $2.468 and on the West Coast, where it declined 12.1 cents to $3.162. The lightest decline came in the Rock Mountain region of 5.2 cents to $2.768.

Among states, California gave ground as the most expensive gasoline, falling to $3.346 behind Alaska's $3.40-per-gallon average. Nevada ($3.129) and Hawaii ($3.105) are the only other states with $3-per-gallon gasoline. At the other end of the spectrum, 28 states now have gasoline prices below $2.50 per gallon. South Carolina's $2.023 price remains the lowest in the nation.

Meanwhile, the average price of diesel fell 4.7 cents to $2.514. Diesel now costs $1.30 less than it did a year ago.

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