Gasoline Costs See Drop in sixth Consecutive Week

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

In accordance with the American Car Affiliation (AAA), July 25, 2022, noticed common fuel costs attain $4.355 down by 16 cents from the fuel costs of final week. This can be a sharp decline, from this time final month with fuel costs reaching $4.908 a gallon.



Gasoline Costs See Drop in sixth Consecutive Week

Throughout the nation, fuel costs fluctuated from as excessive as $5.732 to a low of $ 3.855. Regardless of fuel costs happening, the state of California continues to see report excessive fuel costs with the common gallon of fuel 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 fuel reaching above $6. Different states like Hawaii, Alaska, Oregon, Nevada, Washington, and Idaho are additionally seeing fuel 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 had been lucky sufficient to see fuel 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 fuel under the $4 mark.  Texas which has the least common fuel costs noticed a gallon of fuel 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 fuel costs happening by a median of over 20 cents. Whereas Hawaii, the District of Columbia, Vermont, and Maine noticed a modest decline in costs with costs happening by a median of 10 cents.

Regardless of Fall in costs, Gasoline Value Nonetheless Excessive

The nationwide common stays considerably greater than a 12 months in the past when costs averaged $3.15 a gallon. June noticed fuel costs reaching a whopping $5.006 – a report excessive.

Gasoline Value Developments

           
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
Yr In the past Avg. 3.155 3.504 3.779 3.272 2.656

“Gasoline costs have fallen on daily basis this summer season for 38 days in a row.  Now, you recognize, you possibly can — you will discover fuel for $3.99 or much less in additional than 30,000 fuel stations in additional than 35 states.  In some cities, it’s down nearly a greenback from final month.  We’ve been working actually onerous to carry the worth down”, stated President Biden in a briefing on Friday. The rise in fuel 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 p.c from a 12 months earlier. Nonetheless, with fuel provides bettering fuel costs proceed to barely fall this coupled with gasoline demand reducing has contributed to a lower in fuel 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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