The average price of gas is 30 cents lower in every state compared to one month ago.
Average gas prices in two states—Missouri ($1.93) and Oklahoma ($1.98)—have dropped below $2 per gallon for the first time since 2009, according to AAA’s Dec. 29 Daily Fuel Gauge Report.
The national average has fallen 95 days in a row for a total of $1.06, and prices have plummeted $1.38 (nearly 40%) since the start of June. The national average price for regular unleaded gasoline is $2.29 per gallon, and motorists are saving 11 cents per gallon compared to one week ago, 49 cents compared to one month ago and $1.02 per gallon compared to this same date last year, the report continued.
AAA estimates that drivers are saving more than $500 million per day each day compared to the highs in both the spring and summer.
Customers who aren’t seeing prices below $2, are still getting some relief. AAA noted that the average price at the pump is below $2.50 per gallon in 38 states.
Drivers in the Midwest continue to pay the lowest averages in the nation, while the most expensive prices in the continental U.S. are in the Northeast, led by New York ($2.81), Vermont ($2.74) and Connecticut ($2.69). Hawaii ($3.53) and Alaska ($3.09) remain the nation’s most expensive markets for retail gasoline and are also the only two states with averages above $3 per gallon.
The average price is 30 cents lower in every state compared to one month ago, and 19 states are posting savings of 50 cents or more per gallon. Drivers in four states are experiencing month-over-month declines of at least 75 cents: Michigan (-84 cents), Indiana (-77 cents), Ohio (-76 cents) and Idaho (-75 cents).
Yearly comparisons continue to reflect the most extreme savings in the average price of retail gasoline. AAA reported that consumers in Indiana (-$1.39), Ohio (-$1.38) and Michigan (-$1.37) lead the way with the largest declines and are joined by 15 other states where the price is discounted by a dollar or more per gallon. Average prices are down by more than 50 cents per gallon in virtually every state and Washington, D.C. with the sole exception of Hawaii (-40 cents), the nation’s most expensive retail gasoline market.