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Saturday, November 11, 2023

Gas Prices Starting To Feel Low Again


Last week, I paid $3.35/gallon of gasoline at the local Flying J. That was with my Good Sam discount applied (five cents per gallon).

According to an article in RV Travel, the national average is now below that. 

They posted:

The national average for a gallon of gas dropped four cents since last week to $3.40. However, the steady, if slow, decline may gain speed after recent drops in the price of oil.  Parked in the mid-$80s per barrel a week ago, oil is now hovering around the mid-$70s.  Since it is the main ingredient in gasoline, less expensive oil usually leads to falling gas prices.

“We still need to cast a wary eye on global events, which may roil the oil market and spike prices,” said Andrew Gross, AAA spokesperson. “But domestic gas prices are amid their usual seasonal swoon. Pump prices have fallen or remained flat every day since September 19.”

Currently, the price for unleaded regular at the local Flying J is now at $3.329/gallon. Will it go below $3.00/gallon?

California isn't seeing any real relief. Their average price for unleaded regular is $5.093/gallon.

To read more, go here.

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