With some exceptions, motorists throughout the United States are gradually paying less for regular unleaded gasoline, the American Automobile Association (AAA) reported Monday.
“Compared to July, consumer demand for gasoline is weaning and prices are following suit,” Jeanette Casselano, AAA spokesperson, said in a written statement. “The national average is expected to keep moving lower, especially with the switchover to lower grade gasoline in September.”
According to AAA, the national gasoline price average for August 20 is $2.84 per gallon – three cents lower than the price at the beginning of the month. With the exception of several states, most U.S. motorists are enjoying “slow, but steady pump price drops” as summer draws to a close. AAA pointed out that fuel retailers will start selling winter-blend gasoline next month. The blend, designed to help engines operate properly when they are cold, is cheaper to produce, the organization explained.
Although the national gasoline price average is two cents lower week-on-week and a penny cheaper month-on-month, motorists are still paying 50 cents more than at this time last year, AAA continued. As this AAA graph shows, $2.84 is the highest national gasoline price average for this time of year over the past four years.
AAA also reported Monday that motorists in Michigan saw the largest week-on-week change in gasoline prices: a 10-cent decline to $2.99 a gallon for regular unleaded. Other Top 10 states in terms of largest weekly price changes include:
- Illinois: down seven cents to $2.88
- Utah: up six cents to $3.18
- Florida: down five cents to $2.76
- Delaware: down five cents to $2.75
- Ohio: up four cents to $2.73
- South Dakota: down four cents to $2.85
- Georgia: down three cents to $2.72
- Oklahoma: down three cents to $2.59
- South Carolina: down three cents to $2.54
Read it from RigZone
