Gas prices are down in Chicago, here's what you need to know
The price drop is not just in Chicago. GasBuddy reported the national average has fallen 6.9 cents per gallon in the last week.
AAA: Gas prices should continue to decline
According to AAA, gas prices in West Virginia are averaging $3.08 a gallon, in Virginia the average is $3.01 a gallon.
Ohio gas prices fell from last week: See how much here
The average fuel price in state has fallen about 48 cents since last month. According to the EIA, gas prices across the state in the last year have been as low as $2.61 on Jan. 8, 2024, and as high as $3.69 on April 10, 2023.
Why are gas prices plummeting?
The national average is currently $3.21 a gallon, but experts predict it will fall below $3 too. The usual slowdown when summer travel ends is one of the reasons for the plummeting prices.
Why are gas prices falling?
That means gas prices often drop when we switch over to winter gas. There has also been a big price drop in the cost of crude oil. That has been driven by concerns about weakening demand from China and expectations of an oil oversupply.
Gas prices decrease slightly heading into the weekend
Gas prices dropped slightly on Friday, with the national average for a gallon of regular gas coming in at $3.22, according to AAA. On Thursday, the average price for a gallon of regular gas was $3.224.
Wisconsin gas prices decrease as fall arrives, but why is that?
Therefore, the demand for gas is less, according to Patrick Dehaan, head of petroleum analysis at GasBuddy. "What happens is that over the course of the summer, with demand being relatively weak, supply in pure gasoline built up to pretty adequate levels.
Gas prices in Canada snap six-week stretch of declines
Gas prices snapped six straight weeks of declines in Canada, as the nationwide average for regular fuel added 0.7 cents per litre between Sept. 12 and Sept. 19, according to data from Kalibrate. North Bay,
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N.J. gas prices plunge below $3 a gallon at dozens of stations. How low could it go?
At least four New Jersey gas stations had regular gas at $2.63 a gallon on Thursday, according to Gasbuddy.com.
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Gas prices are plummeting. Experts explain why.
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European Gas Extends Weekly Declines on Winter Supply Optimism
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