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The average price of a gallon of unleaded gasoline has fallen 6.4 cents to $3.056 per gallon for the week ending Oct. 27, according to federal data.
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The average price of a gallon of unleaded gasoline has fallen to a level not seen in almost four years, as it now costs an average of $3.12 per gallon, according to federal data.
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The national average price of gasoline fell 5.5 cents to $3.299 for a gallon of regular unleaded for the week ending Oct. 6, according to federal data.
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The national average price of gasoline remained flat and rose one-tenths of a cent to $3.354 per gallon for the week ending Sept. 29, according to federal data.
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At $3.43 per gallon, the national gasoline average is almost 17 cents per gallon lower than a year ago, according to WEX Inc.’s August Fuel Price Index. Experts predict prices will continue to decline and many states will have prices below $3 per gallon.
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Eaton has confirmed that it's out of the diesel-electric hybrid business in North America, after government incentives and stabilizing diesel prices contributed to a market largely drying up.
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The national average price of gasoline fell 1.8 cents to $3.454 for the week ending Aug. 25, marking a continued decline that began in early July, according to federal data.
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The national average price of gasoline continued its nearly two-month decline, falling 3.3 cents to $3.472 for the week ending Aug. 18, according to federal data.
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During the month of June, gasoline prices fell almost every day from $3.67 per gallon to $3.48. This is the lowest start to any August since 2010 when prices were $2.72 per gallon, according to WEX Inc.
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At $3.65, gasoline prices in early July are the highest since 2008 when the price was close to $4.10, according to WEX Inc. But experts predict prices to slowly fade for the remainder of July.
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