By Mark
Huffman
ConsumerAffairs.Com
August 27, 2010
The price motorists pay at the gas pump continues to fall as the
summer driving season draws to a close.
The average price of self-serve regular today is $2.682 a gallon, down just over four cents from last Friday, according to AAA. Prices fell five cents a gallon the week before that, after edging higher in mid-summer.
The price of diesel fuel is $2.959 a gallon, down two cents from last Friday.
Prices have fallen in the weeks leading up to the Labor Day weekend because of growing concerns about the prospects for economic growth. Because of those concerns, crude oil prices have lost ground, trading this week around $73 a barrel.
"The good news for consumers is an extremely stable and relatively modest price at the pump," said Andrew Delmege, AAA's manager of regulatory affairs. "The bad news seems to be that few are actually taking advantage."
Those who are taking advantage of low prices are finding supplies plentiful. The Energy Information Administration reported this week stockpiles of crude oil rose by more than four million barrels in the week ending August. 20. With supplies plentiful, prices should remain stable well into the fall months.
The states with the most expensive gasoline today are:
Alaska ($3.521)
Hawaii ($3.487)
California ($3.115)
Washington ($3.085)
Oregon ($3.001)
Idaho ($2.991)
Nevada ($2.923)
Utah ($2.923)
Montana ($2.898)
New York ($2.850)
The states with the least expensive gasoline today are:
Missouri ($2.446)
South Carolina ($2.452)
Mississippi ($2.508)
Tennessee ($2.513)
Alabama ($2.520)
Virginia ($2.525)
New Jersey ($2.528)
Texas ($2.537)
Georgia ($2.534)
Louisiana ($2.554)
