
The average price of a gallon of regular unleaded fell 3 cents to $2.24 on Jan. 7, and has reached its lowest level since February 2017, as falling oil demand continues to push prices lower.
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The price of regular gasoline continued to decline over the holidays and reached an average of $2.266 per gallon for the week ending Dec. 31, which was 5.5 cents lower that the prior week, according to the U.S. Energy Information Administration.
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The national price of gasoline has fallen to $2.37 per gallon, which is the lowest December level on record since 2016 and continues a price decline that began in early October. Gasoline prices have tumbled 54 cents from Oct. 9.
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The average national price for regular unleaded fell 4 cents to $2.42 to reach a new low for 2018, as gasoline prices continued to follow oil prices to lower price levels for the week ending Dec. 10, according to AAA.
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The price of regular unleaded gasoline has fallen to $2.46 per gallon, which has reached a low point for 2018 and is 2 cents lower than the price from a year ago, according to AAA.
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The price of a gallon of regular unleaded fell 7 cents to $2.56 for the week ending Nov. 26, as pump prices head lower to reach some of the cheapest prices of 2018, according to AAA.
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The national average gasoline price fell sharply across the country to $2.70 for the week ending Nov. 12 in the face of flagging demand, according to AAA.
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The national average gasoline price has fallen to a six-month low at $2.76 for a gallon of unleaded fuel on the same day the U.S. reimposed sanctions on Iran, which haven't driven prices high as the oil market has remained steady.
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The national average gasoline price fell 4 cents to $2.85 per gallon for the week ending Oct. 22, as the price has given way following several weeks of lower demand. The price is where it was a month ago and 39 cents higher than a year ago.
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Diesel prices have continued a month-over-month and year-over-year steady rise. National average diesel fuel prices were $3.23 for September, according to WEX. This is 5 cents higher than August and 49 cents higher than September 2017.
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