Gas prices fall 10 cents in past week to $2.62

The cheapest price recorded in the continental United States was $2.33 a gallon in Birmingham, Alabama.


“Motorists are finally getting some consistent relief at the pump thanks to declining oil prices”.

The Dearborn-based auto club says the average price for self-serve regular unleaded gasoline was about $2.62 per gallon on Sunday.

Compared to peak prices in mid-June, current state averages are down 14 cents in Florida, and 16 cents in both Georgia and Tennessee. That’s about 88 cents less than at the same point a year ago. The peak price in Georgia was $2.72 on June 15.

You also can use our Mapquest gas tool below to find the best price in town. In the U.S., oil production in mid-July rose to 9.6 million barrels per day from 8.5 million last year, the U.S. Energy Information Administration reported. Prices are down because of an oil glut and strong dollar, among other factors. During that time, gas prices averaged $2.51 in Florida, $2.21 in Georgia, and $2.14 in Tennessee.

Gas prices have remained well below the average from a year ago, when a gallon cost about $3.50.


That’s the same as the national average.

Loganville-Grayson Gas Gauge 'Consistent Relief&#039 at the Pump AAA Says