Tuesday, May 21, 2024

Gas prices across the country tick down

by BIZ Magazine

(AP) — Gas prices dropped last week across the nation at large, analysts said.

The national average price for a gallon of regular gasoline was $3.28, down a penny from last week. Drivers were paying $3.30 a gallon on average a year ago at this time.

Analysts say the recent surge in gas prices due to frigid weather and holiday travel may be ending as the weather improves and demand decreases. They expect prices at the pump to decline heading toward February but believe the national averages before Christmas will likely turn out to have been the lows for this winter.

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