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Gas Price Report: Week of July 29, 2019

Gas prices across the country fall for the second-straight week, spurring summer travel.

The national gas price average fell for the second-consecutive week, dropping three cents to land at $2.73. While this is two cents more expensive than on the same day last month, it is 12-cents cheaper than a year ago.

“Gas prices this month are on average a dime less expensive than in July 2018. These less expensive gas prices have encouraged summer road trips as evidenced by robust demand numbers since May,” said Jeanette Casselano, AAA spokesperson. “Right now, pump prices are poised to push even cheaper going into August.”

On the week, every state but Michigan saw prices trend less expensive. The majority of the top 10 states with the largest weekly declines saw gas prices move a nickel cheaper since last Monday.

National average: $2.73

Local state averages:

CT: $2.88        MA: $2.74       NH: $2.63       NJ: $2.80         NY: $2.87       RI: $2.73

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Historical Context

This week in history: July 29, 1958

The U.S. Congress passes legislation establishing the National Aeronautics and Space Administration (NASA).

National gas price average in 1958: $0.30

Cost to fill a tank (1958/2019)

Ram 3500

$9.30/$84.63

Jeep Cherokee

$4.74/$43.13

Volkswagen Jetta

$3.96/$36.04

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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