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The average price of a gallon of unleaded gasoline has fallen to a level not seen in almost four years, as it now costs an average of $3.12 per gallon, according to federal data.
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The national average price of gasoline fell 5.5 cents to $3.299 for a gallon of regular unleaded for the week ending Oct. 6, according to federal data.
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The national average price of gasoline fell 5.5 cents to $3.299 per gallon for the week ending Oct. 6, according to federal data. The decline in price for a gallon of regular unleaded gasoline has continued nearly unabated since late June, when it averaged $3.704 per gallon.
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The national average price of gasoline remained flat and rose one-tenths of a cent to $3.354 per gallon for the week ending Sept. 29, according to federal data.
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The national average price of gasoline fell 5.5 cents to $3.353 per gallon for the week ending Sept. 22, extending the fuel's price decline to three months. Gasoline last slipped below $3.30 per gallon in early February, according to federal data.
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The national average price of gasoline fell 4.9 cents to $3.408 per gallon for the week ending Sept. 15, according to federal data.
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The average price has declined in nine of the past 10 weeks and reached a level below $3.50 typically seen in winter months, reports the U.S. Energy Information Administration. Gasoline now costs 13 cents less than it did a year ago.
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The national average price for gasoline has fallen to the level it reached four years ago as it reached $3.459 per gallon for the week ending Sept. 1, according to federal data.
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A City of Chicago alderman has been pushing a new ordinance that would require most fueling stations in the city to offer the E-15 blend of 85 percent gasoline and 15 percent ethanol.
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The national average price of gasoline fell 1.8 cents to $3.454 for the week ending Aug. 25, marking a continued decline that began in early July, according to federal data.
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