Gas prices drop below $2 per gallon at stations in 41 states

Source: AAASource: AAA

Drivers can find at least one station selling gasoline for less than $2 per gallon in 41 states, while eight states have average prices below $2 per gallon, according to AAA.

Today’s national average price of gasoline is $2.20 per gallon, which is the lowest average for this day since 2004,” AAA spokesperson Avery Ash said Wednesday. The organization estimates that drivers are spending about $275 million less per day on gasoline compared with November of last year.

“The fuel savings continue to add up, with pump prices in many areas below $2 per gallon,” Ash said. “It looks increasingly likely that drivers will find the cheapest gas prices for the upcoming holidays in at least seven years.”

About three in 10 U.S. stations are selling gas for less than $2 per gallon today, while the cheapest 1 percent of stations are selling gas for an average of $1.75 per gallon. In contrast, only 1 percent of U.S. stations are selling gas for more than $3 per gallon.

Today’s average price of gas is about 77 cents per gallon less than a year ago and 9 cents less than a month ago.

Average U.S. gas prices have declined about 60 cents per gallon since hitting a 2015 peak price of $2.80 per gallon on June 15.

The states with the lowest average gasoline prices include South Carolina ($1.90), Alabama ($1.92), Mississippi ($1.93), Texas ($1.95) and Louisiana ($1.95).

The states with the highest average prices include: Hawaii ($2.88), California ($2.83), Nevada ($2.71), Washington ($2.45) and Alaska ($2.44).

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