Holiday Driving Demand Causes Temporary Increase at the Pump
12/27/173 min read
Heading into the final week of the year, the national average price for a gallon of gasoline is $2.44, an increase of two cents on the week. As more drivers hit the road for the holidays, the increase in driving demand is likely the cause for increases in some states. Despite the incremental jump, motorists in 33 states are paying less on the week – as much as nine cents. Today’s average is about 26 cents per gallon higher than a year ago. The cheapest gas can be found in Alabama ($2.17), while Hawaii ($3.29) sells the most expensive.
“The majority of motorists have seen savings at the pump this month. The national gas price average is over five cents cheaper than the beginning of December,” said Jeanette Casselano, AAA spokesperson.
Locally, South Jersey motorists are paying an average of $2.40 per gallon of unleaded gas, which is an increase of 1 cent per gallon compared to last week ($2.39). Today’s price is 9 cents less than one month ago ($2.49), but is 7 cents more than this time last year ($2.33).
Quick Stats
The top ten markets with the largest weekly changes are: Michigan (+17 cents), Ohio (+15 cents), Indiana (+12 cents), Illinois (+11 cents), Kentucky (+9 cents), Alaska (-9 cents), Wisconsin (+7 cents), Missouri (+5 cents), North Dakota (-4 cents) and West Virginia (+4 cents).
The nation’s top ten least expensive markets are: Alabama ($2.17), Texas ($2.17), Mississippi ($2.18), Arkansas ($2.18), Oklahoma ($2.19), South Carolina ($2.20), Missouri ($2.20), Louisiana ($2.22), Kansas ($2.22) and Tennessee ($2.23).
Mid-Atlantic and Northeast
Gas prices range from a low of $2.23 in Tennessee to high of $2.69 in Pennsylvania and Washington, D.C. With a 12 cent price difference, Delaware saw the largest monthly decline in gas prices in the region.