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Thursday, October 23, 2008

Average U.S. Gas Prices Drop Below 3$ a Gallon


Fortunately for us, as crude oil prices tumble down so do gas prices - or at least in the States. According to the American Automobile Association (AAA), for the first time since February 2008, the average price of regular unleaded gasoline fell under 3$ a gallon. In the AAA Fuel Gauge Report, the current average price of regular unleaded in the U.S. on 23 October, was $2.822 which is a far cry from the highest recorded price on July 17, 2008 when gas hit a nationwide average of $4.114 which sent everyone into despair.

The AAA's report notes that Oklahoma State continues to have the lowest average price in the States at $2.461 for a gallon of unleaded regular while Alaska has the highest at $3.844.

1 comment:

CarEnthu said...

More gasoline-electric or diesel-electric hybrids are a good idea, as long as the extra efficiency is being put into high mileage, not greater vroom. The real goal should be plug-in hybrids.