Oct 18

Pump Prices Drop Nine Consecutive Days

gas-pumpDES MOINES – The national average price for regular unleaded gasoline has dropped for nine consecutive days, reaching today’s price of $2.24 per gallon.

Today’s average price represents a decrease of two cents per gallon compared to one week ago, but remains five cents more than last month. However, drivers across the country continue to see savings at the pump and are paying an average of three cents less per gallon year-over-year.

Prices continue to wobble as areas of the country impacted by Hurricane Matthew work to replenish supply and several refineries across the country address planned and unplanned facility maintenance.

Volatility in the Midwest has placed four states in the region at the top of the list for biggest weekly declines: Indiana (-14 cents), Ohio (-12 cents), Michigan (-10 cents) and Illinois (-8 cents).

The West Coast remains the most expensive market for gasoline, including the only six states where drivers are paying more than $2.50 on average: Hawaii ($2.87), California ($2.78), Washington ($2.71), Alaska ($2.63), Oregon ($2.52), and Nevada ($2.51).

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