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The national average price of a gallon of gasoline fell 3.4 cents to $1.822 for the week ending Feb. 1, according to federal records.
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The U.S. Department of Energy has offered $58 million in funding for vehicle technology advancements through its Advanced Technology Vehicle Manufacturing loan program, the agency has announced.
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The decline in national average gasoline prices driven by falling oil prices continued unabated with a 5.8-cent decline to $1.856 for the week ending Jan. 25, according to federal data.
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The national average price of a gallon of gasoline declined 8.2 cents to $1.914 per gallon for the week ending Jan. 18, according to federal data.
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The national average price of gasoline has cracked the $2-per-gallon level, falling to a seven-year low and level not seen since March of 2009 when it averaged $1.91, according to federal records.
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The national average price for a gallon of unleaded gasoline fell six-tenths of a cent to $2.028 for the week ending Jan. 4, according to federal records.
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The national average price of a gallon of unleaded stayed essentially flat for the week ending Dec. 28, as it increased eight tenths of a cent to $2.034 and has remained near $2 per gallon since late November.
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The national price of gasoline remained essentially flat at $2.026 per gallon for the week ending Dec. 21, according to data from the U.S. Department of Energy.
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The DOE hopes to speed up the development of hydrogen fuel cell vehicle technologies by supporting research and development, early market deployments, and domestic manufacturing.
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The national average price of unleaded gasoline fell 1.6 cents to $2.037 for the week ending Dec. 14, according to federal data.
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