Gas prices take a small dip

Published 1:09 pm Monday, July 29, 2024

Getting your Trinity Audio player ready...

Average gasoline prices in Alabama have fallen 2.0 cents per gallon in the last week, averaging $3.09 per gallon as of Sunday, according to GasBuddy’s survey of 3,348 stations in Alabama. Prices in Alabama are 3.6 cents per gallon higher than a month ago and stand 24.4 cents per gallon lower than a year ago. The national average price of diesel has fallen 1.2 cents in the last week and stands at $3.78 per gallon.

According to GasBuddy price reports, the cheapest station in Alabama was priced at $2.78 per gallon on Sunday while the most expensive was $3.69 per gallon, a difference of 91.0 cents per gallon.

The national average price of gasoline has risen 0.7 cents per gallon in the last week, averaging $3.47 per gallon Sunday. The national average is down 0.8 cents per gallon from a month ago and stands 25.2 cents per gallon lower than a year ago, according to GasBuddy data compiled from more than 11 million weekly price reports covering over 150,000 gas stations across the country.

Email newsletter signup

Historical gasoline prices in Alabama and the national average going back ten years:
July 29, 2023: $3.33/g (U.S. Average: $3.73/g)
July 29, 2022: $3.80/g (U.S. Average: $4.21/g)
July 29, 2021: $2.83/g (U.S. Average: $3.16/g)
July 29, 2020: $1.88/g (U.S. Average: $2.19/g)
July 29, 2019: $2.37/g (U.S. Average: $2.72/g)
July 29, 2018: $2.55/g (U.S. Average: $2.84/g)
July 29, 2017: $2.02/g (U.S. Average: $2.31/g)
July 29, 2016: $1.88/g (U.S. Average: $2.13/g)
July 29, 2015: $2.30/g (U.S. Average: $2.68/g)
July 29, 2014: $3.26/g (U.S. Average: $3.51/g)

Neighboring areas and their current gas prices:
Birmingham- $3.10/g, unchanged  from last week’s $3.10/g.
Montgomery- $3.12/g, down 3.2 cents per gallon from last week’s $3.15/g.
Huntsville- $3.13/g, down 1.8 cents per gallon from last week’s $3.14/g.

“We continue to see a mixed bag when it comes to gas prices across the country: states in the Great Lakes region are still being jolted by the Joliet, IL refinery outage, which has also impacted gas prices in some areas of Canada, while areas like the West Coast continue to see notable declines,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “With the summer winding down and GasBuddy data showing disappointing gasoline demand and struggling oil prices, we could eventually see the national average falling a bit more, especially once the refinery in Illinois restarts operations. While hurricane season hasn’t been a factor yet, it’s also just starting to get into its prime, and that does remain a quiet wildcard for now.”

GasBuddy is the authoritative voice for gas prices and the only source for station-level data. GasBuddy’s survey updates 288 times every day from the most diverse list of sources covering nearly 150,000 stations nationwide, the most comprehensive and up-to-date in the country. GasBuddy’s averages, graphs, maps and historical pricing data covering the U.S. and Canada is available 24/7 at http://prices.GasBuddy.com.