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You are here: Home / News / Gas Prices Dropping at the Fastest Pace in Two Months

Gas Prices Dropping at the Fastest Pace in Two Months

January 20, 2016 By CollisionWeek Editor

Tumbling crude oil prices around the world have helped send the national retail average price for gasoline to its lowest mark since February 2009. Retail averages have fallen for 63 of the past 74 days, for a total savings of 34 cents per gallon, reaching yesterday’s price of $1.88 per gallon. Gas prices are down seven cents per gallon on the week, which is the fastest pace gas prices have dropped since the middle of November.

AAA National Average Gas Price Comparison 2013-2016Motorists typically enjoy falling gasoline prices in early winter due to decreased demand for gasoline and that also is helping to push prices downwards.

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Filed Under: News Tagged With: AAA, Fuel Prices

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