Average Price of Gasoline is $2 a Gallon

Fuel Prices

Fuel Prices

The national average price for a gallon of gasoline is exactly $2 a gallon, and it should hit $1.99 this week.

Motorists already can find gas prices below $2 at 68 percent of gas stations nationwide.

AAA estimates that cheaper gas prices have saved Americans more than $100 billion on gasoline so far this year compared to 2014, which works out to nearly $550 per licensed driver in the country.

The average price for a gallon of regular grade gas in Florida could dip below $2 this week, if the price keeps falling at a rate of a half cent a day.

Based on normal seasonal trends, gas prices will likely rise in late winter and early spring, as refineries conduct maintenance in advance of the busy summer driving season.

Despite this expected price increase in early 2016, gasoline should remain relatively low due to abundant petroleum supplies.

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  • Posted 8 years ago

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