Gas Prices See Drop in 6th Consecutive Week


US drivers are seeing some reduction on the pump with common nationwide gasoline costs reaching $4.355 a gallon down from $4.521 final week. That is the sixth consecutive week that gasoline costs have gone down following record-high gasoline costs over the previous a number of months.

In response to the American Car Affiliation (AAA), July 25, 2022, noticed common gasoline costs attain $4.355 down by 16 cents from the gasoline costs of final week. It is a sharp decline, from this time final month with gasoline costs reaching $4.908 a gallon.



Gasoline Costs See Drop in sixth Consecutive Week

Throughout the nation, gasoline costs fluctuated from as excessive as $5.732 to a low of $ 3.855. Regardless of gasoline costs taking place, the state of California continues to see document excessive gasoline costs with the common gallon of gasoline reaching $5.732 down from $5.897 final week.

Although the common value has fallen under six {dollars} per gallon, some counties within the Golden State are nonetheless feeling the pinch. Counties like San Louis Obispo, Inyo, Mono, Alpine, and Trinity noticed a gallon of gasoline reaching above $6. Different states like Hawaii, Alaska, Oregon, Nevada, Washington, and Idaho are additionally seeing gasoline costs above $5.

Highest Gasoline Costs

         
State  Common  Mid-Grade  Premium  Diesel 
California 5.732 5.946 6.087 6.558
Hawaii 5.527 5.728 5.962 6.096
Alaska 5.224 5.474 5.633 5.894
Oregon 5.169 5.387 5.596 6.191
Nevada 5.14 5.397 5.595 5.538

Some states have been lucky sufficient to see gasoline costs go down by over 20 cents. The states of Texas, Louisiana, Arkansas Mississippi, Alabama, Georgia, South Carolina, Oklahoma, and Tennessee noticed their common costs of a gallon of gasoline under the $4 mark.  Texas which has the least common gasoline costs noticed a gallon of gasoline attain costs of $3.855 from $4.030 final week.

Lowest Gasoline Costs

State Common Mid-Grade Premium Diesel
Texas 3.855 4.239 4.568 4.845
South Carolina 3.86 4.271 4.604 5.021
Georgia 3.888 4.298 4.653 5.104
Mississippi 3.891 4.278 4.633 4.98
Alabama 3.928 4.328 4.698 5.121

Kansas, Iowa, Oklahoma, Wisconsin, Delaware, Ohio, Missouri, Nebraska, and Indiana noticed this week’s gasoline costs taking place by a median of over 20 cents. Whereas Hawaii, the District of Columbia, Vermont, and Maine noticed a modest decline in costs with costs taking place by a median of 10 cents.

Regardless of Fall in costs, Gasoline Value Nonetheless Excessive

The nationwide common stays considerably larger than a yr in the past when costs averaged $3.15 a gallon. June noticed gasoline costs reaching a whopping $5.006 – a document excessive.

Gasoline Value Traits

           
Common Mid-Grade Premium Diesel E85
Present Avg. 4.355 4.806 5.103 5.412 3.664
Yesterday Avg. 4.366 4.822 5.117 5.422 3.683
Week In the past Avg. 4.521 4.97 5.266 5.535 3.867
Month In the past Avg. 4.908 5.325 5.624 5.799 4.195
12 months In the past Avg. 3.155 3.504 3.779 3.272 2.656

“Gasoline costs have fallen day-after-day this summer time for 38 days in a row.  Now, you already know, you possibly can — you’ll find gasoline for $3.99 or much less in additional than 30,000 gasoline stations in additional than 35 states.  In some cities, it’s down virtually a greenback from final month.  We’ve been working actually arduous to carry the worth down”, mentioned President Biden in a briefing on Friday. The rise in gasoline costs has been a significant driver of inflation with the power index rising 7.5 prompting costs in different indexes to rise in June when the Shopper Value Index rose 9.1 % from a yr earlier. Nonetheless, with gasoline provides bettering gasoline costs proceed to barely fall this coupled with gasoline demand reducing has contributed to a lower in gasoline costs.

State Gasoline Costs 

State Common Mid-Grade Premium Diesel
Alaska 5.224 5.474 5.633 5.894
Alabama 3.928 4.328 4.698 5.121
Arkansas 3.939 4.312 4.644 5.06
Arizona 4.682 5.001 5.266 5.452
California 5.732 5.946 6.087 6.558
Colorado 4.624 4.98 5.281 5.288
Connecticut 4.385 4.903 5.25 5.586
District of Columbia 4.599 5.109 5.504 5.726
Delaware 4.21 4.671 4.955 5.25
Florida 4.084 4.518 4.833 5.307
Georgia 3.888 4.298 4.653 5.104
Hawaii 5.527 5.728 5.962 6.096
Iowa 4.06 4.319 4.787 5.069
Idaho 5.022 5.266 5.466 5.63
Illinois 4.827 5.324 5.693 5.563
Indiana 4.372 4.812 5.138 5.699
Kansas 4.059 4.343 4.658 5.032
Kentucky 4.006 4.439 4.779 5.347
Louisiana 3.942 4.339 4.683 4.986
Massachusetts 4.522 5.017 5.304 5.676
Maryland 4.306 4.806 5.09 5.317
Maine 4.634 5.059 5.361 5.696
Michigan 4.42 4.883 5.238 5.671
Minnesota 4.332 4.69 5.05 5.372
Missouri 4.026 4.368 4.678 5.026
Mississippi 3.891 4.278 4.633 4.98
Montana 4.611 4.892 5.168 5.528
North Carolina 4.029 4.43 4.777 5.288
North Dakota 4.304 4.65 5.018 5.258
Nebraska 4.225 4.431 4.896 5.055
New Hampshire 4.409 4.881 5.212 5.662
New Jersey 4.462 5.025 5.268 5.516
New Mexico 4.169 4.506 4.765 5.172
Nevada 5.14 5.397 5.595 5.538
New York 4.579 5.012 5.34 5.803
Ohio 4.153 4.588 4.929 5.689
Oklahoma 3.966 4.323 4.572 4.907
Oregon 5.169 5.387 5.596 6.191
Pennsylvania 4.555 4.943 5.214 5.759
Rhode Island 4.488 5.029 5.333 5.698
South Carolina 3.86 4.271 4.604 5.021
South Dakota 4.361 4.583 5.066 5.189
Tennessee 3.931 4.329 4.687 5.129
Texas 3.855 4.239 4.568 4.845
Utah 4.928 5.151 5.346 5.341
Virginia 4.133 4.592 4.914 5.341
Vermont 4.535 5.06 5.443 5.416
Washington 5.123 5.366 5.538 6.164
Wisconsin 4.048 4.5 4.877 5.132
West Virginia 4.477 4.754 5.022 5.681
Wyoming 4.575 4.831 5.08 5.429

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