The national gas price average is $2.54, which is three cents cheaper than last week, a penny less than last month, yet 30 cents more than a year ago, according to a AAA report.
Gas prices edged cheaper in the last week as gasoline stocks grew, measuring at 258 million bbl – a stock level not recorded by the Energy Information Administration (EIA) in nearly a year.
“Motorists across the country are paying less to fill up as U.S. gasoline supply outpaces demand this winter,” said Jeanette Casselano, AAA spokesperson. “Typically, we see cheaper gas prices this time of year as motorists generally drive less.”
Today, gas prices are $2.50 or less at 61% of gas stations in the country.
For the full report, click here.