How gas prices have changed in Alabama in the last week
Published 5:01 pm Friday, May 3, 2024
How gas prices have changed in Alabama in the last week
Gasoline prices have stalled over the past week on average across the country and remain highest in Western and Northeastern states as well as in Illinois, where taxes on fuel are exceptionally high.
The plateau in prices comes after several months of price increases, impacting the sentiment of Americans being hit with higher costs at the pump and elsewhere. Consumer confidence fell in April as Americans have endured continued price increases for gas and food, even as the Federal Reserve has kept interest rates high in an effort to tamp down inflation.
AAA spokesperson Andrew Gross believes consumers may not see price increases at the pump again until Memorial Day weekend gets closer. “The cost of a barrel of oil is nearly $10 less than two weeks ago, as oil prices have fallen into the upper $70s,” Gross said in a statement Thursday. “This may keep pump prices somewhat flat for the immediate future.”
Stacker compiled statistics on gas prices in Alabama. Gas prices are as of May 3.
Alabama by the numbers
– Gas current price: $3.29
– Week change: +$0.05 (+1.4%)
– Year change: +$0.12 (+3.8%)
– Historical expensive gas price: $4.63 (6/14/22)
– Diesel current price: $3.80
– Week change: -$0.02 (-0.5%)
– Year change: -$0.08 (-2.1%)
– Historical expensive diesel price: $5.64 (6/18/22)
Metros with most expensive gas in Alabama
#1. Montgomery: $3.34
#2. Dothan: $3.31
#3. Huntsville: $3.31
#4. Auburn: $3.30
#5. Birmingham: $3.30
#6. Florence-Muscle Shoals: $3.30
#7. Russell County: $3.29
#8. Anniston-Oxford: $3.27
#9. Daphne-Fairhope-Foley: $3.27
#10. Mobile: $3.25
#11. Tuscaloosa: $3.25
#12. Decatur: $3.24
#13. Gadsden: $3.21
States with the most expensive gas
#1. California: $5.37
#2. Hawaii: $4.82
#3. Washington: $4.69
States with the least expensive gas
#1. Mississippi: $3.12
#2. Arkansas: $3.18
#3. Oklahoma: $3.21
This story features writing by Dom DiFurio and is part of a series utilizing data automation across 50 states.