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.
Approximatley, one-third of states saw gas prices decrease and only 10 states saw gas prices increase by two to four cents, according to AAA. State averages saw minimal fluctuation as demand roughly held steady over the last four weeks.
“During the last month, demand has averaged about 8.6 million b/d while, gasoline stocks have steadily declined,” said Jeanette Casselano, AAA spokesperson. “Week by week, we are seeing mostly regional fluctuation at the pump based on gasoline supply and demand."
The nation’s top 10 largest weekly changes include Indiana (down 6 cents), Michigan (down 6 cents), Ohio (down 6 cents), New Mexico (up 4 cents), Kentucky (down 4 cents), South Dakota (up 3 cents), Texas (up 3 cents), North Carolina (down 3 cents), Wisconsin (down 3 cents) and Washington (up 2 cents).
Meanwhile, the nation’s least expensive markets include Mississippi ($1.83), Louisiana ($1.86), Arkansas ($1.88), Alabama ($1.89), Oklahoma ($1.91), Texas ($1.91), South Carolina ($1.92), Missouri ($1.92), Tennessee ($1.93) and Kansas ($1.98).
Originally posted on Automotive Fleet