Gas Prices Continue to Fall

For the sixth straight week, the nation's average price of gasoline has declined, falling 7.2 cents compared to a week ago to $3.22 per gallon today, according to GasBuddy® data compiled from more than 12 million individual price reports covering over 150,000 gas stations across the country. The national average is down 22.5 cents from a month ago and is 58.8 cents per gallon lower than a year ago. The national average price of diesel has fallen 4.5 cents in the last week and stands at $3.62 per gallon-the lowest since early 2022.

Gas prices have dropped to their lowest since winter. GasBuddy now counts 11 states and over 45,000 stations with gas prices below $3 per gallon," said Patrick De Haan, head of petroleum analysis at GasBuddy. "We fully expect gas prices will continue to drop as Americans drive less with the onset of fall. With oil prices falling below $70 per barrel, their lowest since 2021, there's solid room for gas prices and diesel to continue falling for some time. We expect the national average could fall below $3 per gallon as early as October for the first time since 2021, which would be music to the ears of motorists and certainly to politicians who are angling to be elected this fall."

GasBuddy reports the lowest price for regular gasoline in Culver City is $4.79 at the Shell station located at 10332 Culver Blvd. (corner of Culver Blvd. & Motor Avenue).

 

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