Consumers were used to any break at the fuel pump being short-lived. But fuel prices have been falling for more than a month, and crude oil rates signal even lower prices in the near future.
The average price for regular unleaded gasoline today was $2.44 a gallon nationwide, down 5 cents from Tuesday, Sept. 19. That average is also 47 cents lower than one month ago and 32 cents lower than one year ago, according to AAA, of Hawthorne, Fla.
But gasoline is cheaper in some parts of the country. For example, the typical price for regular unleaded in suburban Detroit today is $2.14 a gallon.
Both midgrade and premium gasoline prices also saw a 5 cent dip in their averages from three days ago, according to AAA. A gallon of midgrade was selling for an average of $2.59 today, while premium was selling for an average of $2.69 a gallon nationwide.
When gasoline prices first began to fall in mid-August, diesel didn't see the same rapid decreases as other fuel types. Today, it is following the trend. The average price for a gallon of diesel fuel today is $2.79, down 5 cents from three days ago. That price is 31 cents lower than one month ago.
AAA's Daily Fuel Gauge Report gathers data from as many as 85,000 filling stations nationwide and posts its findings on www.fuelgaugereport.com.
Crude oil prices are down from earlier this week when a barrel was trading for more than $64. This morning, a barrel was trading for $62.04.
Some drivers in Covington, Ky., are paying less than $2 a gallon for their gasoline. One station there was selling regular unleaded for $1.94 a gallon -- the lowest price found in the nation. Across the ocean, in Kahului, Hawaii, drivers were paying $3.51 for a gallon of regular unleaded. This was the highest price found in the nation.
GasPriceWatch.com uses volunteer spotters to watch gasoline prices nationwide. More than 433,000 prices have been listed this week.
You may e-mail Erin Robinson at [email protected]