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Gas Price Report: Week of June 10, 2019

The national gas price average continues to fall as indications suggest even cheaper prices this summer.

Gas prices across the country continue to fall as nearly every state’s price average is cheaper than a week ago, a month ago and a year ago. This week’s national average of $2.74 is seven cents less expensive than last week, 13 cents less than one month ago and 18 cents less than one year ago.

“Refinery utilization in the United States is at its highest level since early January, resulting in overall gasoline stocks at healthy levels to meet robust summer demand,” said Jeanette Casselano, AAA spokesperson. “Prices are dropping due to cheaper crude oil and at the same time U.S. supply is keeping pace with demand. The national average is poised to fall to at least $2.70 this week – an indication that pump prices may be even cheaper this summer.”

National average: $2.74

Local state averages:

CT: $2.89        MA: $2.77       NH: $2.64       NJ: $2.82         NY: $2.90       RI: $2.77

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Historical Context

This week in history: June 12, 1964

Anti-apartheid activist Nelson Mandela is sentenced to life in prison in South Africa. Following his release in 1990, he was awarded the Nobel Peace Prize and was elected the first president of the post-apartheid South Africa.

National gas price average in 1964: $0.30

Cost to fill a tank (1964/2019)

Mercedes-Benz AMG GLS

$7.92/$72.34

Kia Forte

$4.20/$38.36

Hyundai Ioniq Hybrid

$3.57/$32.61

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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