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The national average price of gasoline has increased for 14 days in a row to $2.21 on Dec. 12 after the Organization of Petroleum Exporting Countries (OPEC) agreed to cut oil production.
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The national average price of gasoline increased five cents to $2.18 following an agreement from oil-producing countries in the Middle East to cut production.
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The average price of a gallon of unleaded gasoline fell 1 cent to $2.13 ahead of a Wednesday meeting of oil-producing Middle East nations at a time when gasoline has reached its lowest level in almost a decade, reports AAA.
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The average price of a gallon of unleaded gasoline fell to $2.14 on Nov. 21, which marks the second-cheapest gasoline price since 2008 for the Thanksgiving Day holiday, according to AAA.
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The national average price for a gallon of regular unleaded declined for 10 days to $2.17 per gallon on Nov. 14, which was 5 cents lower than a year ago, amid an abundance of crude oil in the global market.The price is inline with where it was a year ago.
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The national average price of regular unleaded remained flat compared to a week ago, following a brief spike caused by some disruptions on the Colonial Pipeline, according to AAA.
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The national average price of a gallon of unleaded remained mostly flat for the week ending Oct. 31, staying in the $2.21 range, reports AAA.
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The national average price of regular unleaded continued its steady decline this week to near $2.22 and finished the week with a slightly higher price that a year ago, according to data from AAA and the federal government.
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The national average price of gasoline has been inching lower to $2.24 per gallon over the past nine days and drivers are now paying 3 cents less than a year ago as of Oct. 17, according to AAA.
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The average price of a gallon of unleaded fuel moved slightly higher, mostly due to a pipeline disruption in the southeastern U.S., AAA reported.
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