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Gas Price Report: Week of May 20, 2019

Gas prices fall for the second consecutive week heading into Memorial Day weekend.

The national gas price average fell for the second consecutive week, dropping by one cent to $2.85. That average could have been even lower had a handful of Midwest states not seen prices increase by more than a nickel due to ongoing refinery maintenance.

“Gas prices are getting cheaper for the majority of motorists despite the fact that U.S. gasoline stocks sit at a 7 million bbl deficit year-over-year. Crude oil prices have remained relatively stable the past few months, which is one reason helping gas prices be cheaper than last year at this time,” said Jeanette Casselano, AAA spokesperson. “Today, motorists can find gas for $2.75 or less at nearly half of all gas stations in the country.”

Compared to last month, today’s national average is cheaper by one penny and seven cents cheaper year-over-year.

National average: $2.85

Local state averages:

CT: $2.99       MA: $2.85       NH: $2.73       NJ: $2.91         NY: $2.95       RI: $2.86

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Historical Context

This week in history: May 21, 1932

After flying for 15 hours from Newfoundland, Canada, Amelia Earhart lands in Northern Ireland, completing the first transatlantic solo flight by a woman.

National gas price average in 1932: $0.18

Cost to fill a tank (1932/2019)

Toyota Sequoia

$4.75/$75.24

Jaguar XE

$2.99/$47.31

MINI Convertible

$2.09/$33.06

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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