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The demand for gasoline in late October was at the highest level since October of 2006, which pushed the nation's average price of a gallon of regular unleaded to $2.53 on Nov. 6, reports AAA.
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The average price of a gallon of regular unleaded increased 1 cent to $2.47 in the past week as prices have shown some volatility depending on the region, reports AAA.
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The southern states experienced the biggest decrease in prices this month as the Gulf Coast increased oil production.
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The average price of a gallon of regular unleaded is now 18 cents lower than a month ago, when two hurricanes caused havoc in the Gulf Coast region, according to AAA.
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The nation's average gasoline price fell 5 cents to $2.57 per gallon, especially in Texas, where Hurricane Harvey made landfall a month ago, according to AAA.
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The national average price of regular unleaded fell to $2.62 per gallon, and reached a 14-day low that AAA attributed to a return to normal operations in Florida and Texas, following the impact of two major hurricanes.
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The national average gasoline price spiked 27 cents to $2.65 for the week, as a result of Hurricane Harvey's deluge in the Gulf Coast, according to AAA.
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National gasoline prices spiked amid the devastation caused by Hurricane Harvey, as the average price increased 4 cents to $2.37 per gallon for the week ending Aug. 28, according to AAA.
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The national price of a gallon of regular unleaded fell 2 cents to $2.33 for the week of Aug. 21 as fuel prices rose on the West Coast and Rockies, and fell in the Midwest, East Coast, and South, reports AAA.
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The nation's average price of regular unleaded stayed at $2.35 per gallon for the week ending Aug. 14 as a result of strong demand, high imports, and increasing production, according to AAA.
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