How gas prices have changed in Alabama in the last week
Published 5:51 pm Friday, April 26, 2024
How gas prices have changed in Alabama in the last week
Gasoline prices fell to an average of $3.66 per gallon, down around 2 cents compared to a week earlier.
According to the Energy Information Administration, U.S. motor gasoline production fell to 8.42 million barrels per day as of April 19, down from 8.66 million in the previous week. This indicates that demand is weakening, which puts downward pressure on prices.
The conflict between Iran and Israel appears to be cooling down. But drivers are not out of the woods yet. Oil prices climbed slightly this past week, with Brent crude futures rising to over $89 per barrel.
In an interview with Reuters, Treasury Secretary Janet Yellen said that U.S. economic growth was strong in the first quarter of 2024, and noted that the official numbers could be revised higher as more data came in. This suggests oil prices could stay strong in the near future.
Stacker compiled statistics on gas prices in Alabama. Gas prices are as of April 26.
Alabama by the numbers
– Gas current price: $3.25
– Week change: -$0.03 (-0.9%)
– Year change: +$0.00 (+0.1%)
– Historical expensive gas price: $4.63 (6/14/22)
– Diesel current price: $3.82
– Week change: -$0.03 (-0.8%)
– Year change: -$0.12 (-3.0%)
– Historical expensive diesel price: $5.64 (6/18/22)
Metros with most expensive gas in Alabama
#1. Russell County: $3.29
#2. Montgomery: $3.28
#3. Huntsville: $3.27
#4. Dothan: $3.25
#5. Birmingham: $3.24
#6. Tuscaloosa: $3.24
#7. Florence-Muscle Shoals: $3.23
#8. Anniston-Oxford: $3.23
#9. Auburn: $3.23
#10. Daphne-Fairhope-Foley: $3.20
#11. Decatur: $3.20
#12. Mobile: $3.20
#13. Gadsden: $3.14
States with the most expensive gas
#1. California: $5.41
#2. Hawaii: $4.81
#3. Washington: $4.66
States with the least expensive gas
#1. Mississippi: $3.09
#2. Colorado: $3.12
#3. Oklahoma: $3.15
This story features writing by Wade Zhou and is part of a series utilizing data automation across 50 states.