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As COVID-19 case numbers surpass 4 million, demand for gasoline is weakening across the country. The lower demand contributed to a cheaper national average on the week; this is the first time since late April that the national average has declined.
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Gasoline prices remained at $2.19 for the second week in a row after a weeks of increases, following significant drops earlier in the year due to the COVID-19 pandemic.
Read More →Prices are nine cents more than last month but nearly 60 cents less than a year ago.
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The national average price for gasoline rose one cent to $2.18, despite a dip in U.S. demand for gasoline.
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The national average price for gasoline rose to $2.17, following continued increases on gasoline demand, and is up four cents from last week.
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The national average price for gasoline rose to $2.13 continuing a rise following record lows amid the COVID-19 pandemic, though the rate at which gas prices are increasing across the country is slowing.
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The national average price for gasoline rose to $2.10 after finally hitting the $2 mark the previous week following months of low fuel prices amid the COVID-19 pandemic.
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The national average price for gasoline finally rose past the $2 average, reaching to $2.03.
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Gas was one penny more expensive than the previous week, though demand, overall, is still down by nearly 25%.
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The national average price for gasoline rose three cents to $1.87 for the start of the Memorial Day work week but is still near lows not seen during the same period of time since 2003 where the average price for fuel was $1.50 on average.
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