The median U.S. price is $1.69 per gallon, down 5 cents in the last week and about 9 cents lower than the national average. That’s right- not a single station under $1, but the entire city average. Monthly average retail prices for gasoline and fuel oil, by geography. Water – The Utility You Can’t Afford to Avoid. The expected maximum price is $2.20509, minimum price $1.49946. Watch our head of petroleum analysis Patrick De Haan discuss how the recent crash in oil prices will affect prices at the pump: For budget-minded drivers, GasBuddy is the travel and navigation app that is used by more North American drivers to save money on gas than any other. Unlike fuel retailer apps, as well as newer apps focused on fuel savings, GasBuddy covers 150,000+ gas stations in North America, giving drivers 27 ways to save on fuel. GasBuddy projected that prices would hit a low point of $2.41 in February, then rise to a peak of $2.84 in May. Gas Price Drop Accelerates as Libya Raises Output, Election Looms in U.S. Oil inventories jump as gasoline, distillates fall, Gas Price Decline Slows As Stimulus Remains Elusive, Gasoline Inventories Buck Oil and Distillates, Post Rise. Average Water Bill: $17.04 – $68.14 per month Although $3 gas is unlikely for the entire country this year, several major cities are projected to hit that threshold, including Chicago, New York, Phoenix, Miami, Boston, Detroit and Seattle. At that point, cars still made up nearly half of new vehicle sales, according to Ward's Automotive. “With another drop in the national average from a week ago, we’ve made it eight straight weeks of decline, and for the first time in GasBuddy’s 20 year history, we have two cities that are averaging under $1 per gallon. Additional information can also be obtained from the Consumer Prices Division at 1-866-230-2248 (toll-free) or by email at first month that has happened in recorded history, Apple, Amazon and Disney are among favorites of Wall Street pros, discontinued most of their passenger cars, Your California Privacy Rights/Privacy Policy. Select your items to create your customized table. Follow USA TODAY reporter Nathan Bomey on Twitter @NathanBomey. ), "It's another good year for Americans to pump," said Patrick DeHaan, head of petroleum analysis for GasBuddy. Follow USA TODAY … Florida drivers are now paying an average price … On the whole, drivers haven't paid more than $3 nationwide since 2014, when prices averaged $3.36, according to the U.S. Energy Information Administration. Download selected data (for database loading). Prices for Gas, 1984-2020 ($20) According to the U.S. Bureau of Labor Statistics, prices for gasoline (all types) were 99.53% higher in 2020 versus 1984 (a $19.91 difference in value). No average retail price for diesel fuel at full service filling stations is published for Thunder Bay because it is not applicable. As recently as 2013, it was the reverse. The United States produces so much oil that it exported more than it imported in September, the first month that has happened in recorded history. Census subdivision, Census metropolitan area, Census metropolitan area part. The Great Lakes continues to be a hotbed for the nation’s best priced gallon, with Wisconsin taking the title for lowest statewide average by a blow-out 15 cents a gallon compared to second place Oklahoma. (Prices along the West Coast and in Hawaii have skewed higher. Emboldened by the strong economy and relatively low gas prices, Americans buy bigger vehicles and drive longer distances. "I would not expect the national average this year to hit $3.". (formerly CANSIM 326-0009), Geography: Is there information outdated? At the nation’s gas pumps, prices extended their downward move in every city and state. Florida gas prices inched lower last week by just a penny, the smallest weekly decline in a month. California typically has the highest prices among the 48 contiguous states. The Gas price prediction for the end of the month is $1.76651. Prices typically rise in the lead-up to the summer travel season before falling through the end of the year. Download as displayed (excluding accompanying symbols). Over 120,000 gas stations are selling gasoline under $2/gal today, with nearly 40,000 stations under $1.50/gal. November 16, 2020. Oil’s fate has been tied to an OPEC oil production cut agreement that still hasn’t come into force, with oil storage facilities quickly filling up as global production remains some 10-20 million barrels higher than demand. May’s WTI contract is at $11.37 per barrel while June holds at $22.10 and July at $27.25 and August at $29.52 per barrel. 62-553-X. © 2020 USA TODAY, a division of Gannett Satellite Information Network, LLC. Three California cities are expected to top $4, according to GasBuddy: Los Angeles, Sacramento and San Francisco. For concepts and definitions, see publication Your Guide to the Consumer Price Index, catalogue no. Download entire table Truly unprecedented demand destruction has been dismantling expensive gas prices everywhere,” said Patrick DeHaan, head of petroleum analysis for GasBuddy. The Gas price is forecasted to reach $1.76407 by the beginning of December 2020.


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