Gasoline – Fuel Efficiency

Gasoline Prices Fall to $2.40 Per Gallon

December 22, 2014

Photo via Wikimedia.
Photo via Wikimedia.

The national average price of gasoline has fallen to a level not seen in more than five years, as it slid 15.1 cents to $2.403 for the week ending Dec. 22, according to federal data.

The average price of a gallon of regular unleaded last reached this level on May 18, 2009, when prices averaged $2.309. Gasoline costs 86.8 cents less than it did a year ago, according to data from the U.S. Energy Information Administration.

Gasoline fell in nine regions tracked by the federal agency. The sharpest decline came in the Rocky Mountain region, where it fell 20.2 cents to $2.384. The Gulf Coast region remains the cheapest at $2.176.

The average gasoline price costs at least $3.50 only in Hawaii ($3.585) and has fallen below $2.50 per gallon in 30 states. In Missouri, gasoline averages $2.074 per gallon. Texas is the third lowest at $2.164, according to the AAA's Daily Fuel Gauge Report.

Meanwhile, the average price of diesel fuel fell 13.8 cents to $3.281. Diesel costs 59.2 cents less than it did a year ago.

Comment On This Story

Comment: (Maximum 10000 characters)  
Leave this field empty:
* Please note that every comment is moderated.



Fleet Management And Leasing

Jack Firriolo from Merchants will answer your questions and challenges

View All

Grants & Subsidies

Alternative Fueling Station Locator

Alternative Fueling Station Locator

Find your closest station or plan a route. Locate biodiesel, electric, ethanol, hydrogen, compressed natural gas (CNG), liquified natural gas (LNG), and propane across America.

Start Your Search