Average retail gasoline prices in Savannah have fallen 6.3 cents a gallon in the past week to $1.99 a gallon Monday, according to a daily survey of 262 gas outlets in Savannah.
The national average has fallen 5.8 cents a gallon in the last week to $2.05, according to gasoline price website GasBuddy.com.
Prices Sunday in Savannah were $1.27 a gallon lower than the same day one year ago and are 38.6 cents a gallon lower than a month ago. The national average has decreased 39.4 cents a gallon during the last month and stands $1.24 a gallon lower than one year ago.
“The light at the end of the tunnel is dimming as gasoline prices have nearly caught up with the drop in crude oil prices,” said Patrick DeHaan, senior petroleum analyst with GasBuddy. “We’ll certainly be watching the price of oil during this shortened trading week, and if oil fails to continue declining, it’s likely that it won’t get much better at the pump.”
A bright spot remains, however, for diesel consumers, DeHaan said.
“Diesel prices have eclipsed the decline in gasoline prices, with prices averaging a drop twice that of gasoline in the last week. Diesel now sells for an average of $2.89 a gallon and will fall another 10 to 25 cents in the next few weeks,” he said.
Some quick gasoline price statistics:
• Missouri has the lowest average in the country at $1.75. It is one of 26 states averaging under $2 a gallon.
• Hawaii is the only state averaging above $3 a gallon at $3.324.
• In the lower 48 states, California has the highest average at $2.498, followed by New York at $2.494.
• Every state has a lower average today than the same day last year. Michigan, at $1.911 today, has seen the biggest drop from the same day last year, down $1.40 from Jan. 19, 2014.
• Only three states don’t have a single station reporting a price under $2 a gallon: Vermont, Alaska and Hawaii.
• Twenty-two states don’t have a single station above $3 a gallon: Arizona, Idaho, Indiana, Iowa, Kansas, Massachusetts, Michigan, Mississippi, Missouri, Montana, Nebraska, New Mexico, North Dakota, Oklahoma, Oregon, Rhode Island, South Carolina, South Dakota, Vermont, Virginia, West Virginia and Wyoming.
