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Gas Price Report: Week of December 17, 2018

National gas price average falls to new yearly low as Americans prepare for holiday travel.

Just in time for holiday travel, the national gas price average continues to fall to yearly lows, checking in this week at $2.37. The last time gas was this cheap during the month of December was in 2016. The national average is a nickel less than last week, 26-cents less than last month and six-cents less than a year ago.

The news comes just as millions of people across the country will head out onto the roadways to celebrate the holiday season. “AAA expects 102 million Americans to drive to their holiday destination this year, which is a four percent increase year-over-year,” said Jeanette Casselano, AAA spokesperson. “No doubt cheaper gas prices are fueling their decision to hit the road.”

National average: $2.37

Local state averages:

CT: $2.70        MA: $2.61       NH: $2.46       NJ: $2.44         NY: $2.70       RI: $2.55

 

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Historical context

This week in history: Dec. 17, 1989

“The Simpsons” premieres as a full animated series. It is now the longest-running American sitcom and the longest-running American scripted primetime television series in terms of seasons and number of episodes. When the premiere episode “Simpsons Roasting on an Open Fire” aired, gas cost just $1.00.

National gas price average: $2.37

Cost to fill a tank (1989/2018)

INFINITI QX80

$26.00/$61.62

Aston Martin DB11

$20.50/$48.59

Ford C-MAX Hybrid Titanium

$13.50/$32.00

Motorists can find current gas prices along their route with the free AAA Mobile app for iPhone, iPad and Android. The app can also be used to map a route, find discounts, book a hotel and access AAA roadside assistance. Learn more at AAA.com/mobile.

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