AAA Fuel Gauge Report: Gas Prices Continue to Fall Nationwide

WASHINGTON, D.C. -- Drivers continue to see some measure of relief at the pumps, as gas prices drop slowly but steadily across the United States. The current national average price for a gallon of regular unleaded gasoline is $3.67.This is two cents less than one week ago, 11 cents less expensive than one month ago and 23 cents less than the average price one year ago, according to the AAA Fuel Gauge Report.

The national average has fallen for five consecutive days, and 22 of 26 days since it hit the peak 2013 price at $3.79 on Feb. 27. Experts caution it is too soon to say whether retail prices have peaked for the spring peak, due to refinery maintenance that has yet to be completed, as well as the fact that much of the country has not yet transitioned to summer blend gasoline. However, AAA still predicts this year's national average will peak at a lower amount than the $3.98 it reached in 2011 and the $3.94 high of 2012.

Drivers in 41 states and Washington, D.C., are paying lower fuel prices than they did one month ago. Georgia and Minnesota have seen the steepest declines, at more than 20 cents per gallon. Only a few Western states are paying higher prices than one month ago: Montana (up 11.2 cents), Wyoming (8.4 cents), Washington (6.4 cents), Alaska (4.4 cents), Oregon (4 cents), Hawaii (3.8 cents), New Mexico (2.1 cents), Arizona (1.2 cents) and Utah (0.8 cents).

 

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