
The average price of a gallon of regular unleaded fell 3 cents to $2.24 on Jan. 7, and has reached its lowest level since February 2017, as falling oil demand continues to push prices lower.
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The price of regular gasoline continued to decline over the holidays and reached an average of $2.266 per gallon for the week ending Dec. 31, which was 5.5 cents lower that the prior week, according to the U.S. Energy Information Administration.
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The national price of gasoline has fallen to $2.37 per gallon, which is the lowest December level on record since 2016 and continues a price decline that began in early October. Gasoline prices have tumbled 54 cents from Oct. 9.
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The average national price for regular unleaded fell 4 cents to $2.42 to reach a new low for 2018, as gasoline prices continued to follow oil prices to lower price levels for the week ending Dec. 10, according to AAA.
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The price of regular unleaded gasoline has fallen to $2.46 per gallon, which has reached a low point for 2018 and is 2 cents lower than the price from a year ago, according to AAA.
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The price of a gallon of regular unleaded fell 7 cents to $2.56 for the week ending Nov. 26, as pump prices head lower to reach some of the cheapest prices of 2018, according to AAA.
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The national average gasoline price fell sharply across the country to $2.70 for the week ending Nov. 12 in the face of flagging demand, according to AAA.
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The national average gasoline price has fallen to a six-month low at $2.76 for a gallon of unleaded fuel on the same day the U.S. reimposed sanctions on Iran, which haven't driven prices high as the oil market has remained steady.
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The national average gasoline price fell 3 cents to $2.82 for the week ending Oct. 29, as national gasoline prices have fallen for 16 days in part due to the end of the peak of refinery maintenance season, according to AAA.
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The national average gasoline price fell 4 cents to $2.85 per gallon for the week ending Oct. 22, as the price has given way following several weeks of lower demand. The price is where it was a month ago and 39 cents higher than a year ago.
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