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Retail gasoline prices fell for the 25th day in a row, a survey of gas station credit card swipes showed Monday (Aug. 11), according to an Associated Press report.
The national average price for a gallon of regular gas fell to $3.81 from $3.818 a gallon the previous day, motorist group AAA said.
Gas prices have fallen more than 7% since hitting a record high of $4.114 on July 16, though prices remain more than $1 above year-ago levels.
Gas prices have eased substantially over the last 3-1/2 weeks following a sustained drop in the price of crude oil, gasoline’s primary ingredient.
The average price for diesel fuel, which is used in most trucks and commercial vehicles, fell to $4.537 a gallon from $4.557 the day before.
Because of its use in transporting goods, the price of diesel, which has risen nearly 55% in the last year, has helped drive up the prices of products and services.
AAA, which bases its survey on credit card swipes at 85,000 fuel stations around the country, found that gas remains above $4 a gallon in nine states.
In Alaska, the state with the highest prices, drivers paid an average of $4.604, down from $4.63 a gallon the previous day. Hawaii, the state with the second-highest prices, saw average prices fall to $4.444 from $4.45 a gallon, and Californians saw prices slip more than a cent to $4.117 on average.
Missouri had the cheapest gas, with prices falling to $3.568 from $3.58 a gallon. Oklahoma was just a fraction of a cent behind at $3.569 a gallon, AAA found.