Falling Gas Prices: A State-by-State Look

by Alyssa Oursler | December 4, 2012 7:00 am

In the past few weeks, falling gas prices have been cheered for their potential to save or boost holiday sales. While such a correlation might not necessarily be accurate[1], it’s undeniable that prices are on their way down. This isn’t unusual for the winter months, though, as colder weather tends to discourage travel.

Yesterday, the national average price of a gallon of gasoline was $3.39 — just more than a dime higher than it was a year ago, but a dime lower than it was a month ago[2] when prices were already dropping in the wake of the hurricane.

Of course, it’s not all good news. Prices are always high in the hard-to-reach state of Hawaii, and they also remain notably high in New York thanks to shortages. Still, they are more manageable than they were last month when drivers were shelling out nearly $4 per gallon.

Head to the middle of the country and the sticker price looks much more appealing. Prices in Missouri and Texas have dropped significantly, as consumers are handing over a quarter less per gallon than the national average.

Below is a state-by-state roster of average gas prices from AAA’s Daily Fuel Gauge Report[3], listed from most to least expensive:

State	Price		State	Price		State	Price
Hawaii	$4.047		New Hampshire	$3.466		Arizona	$3.337
New York	$3.863		Washington	$3.457		North Carolina	$3.324
Alaska	$3.792		Michigan	$3.446		Iowa	$3.292
Connecticut	$3.782		Oregon	$3.430		New Mexico	$3.290
California	$3.698		Delaware	$3.407		Georgia	$3.276
Vermont	$3.634		Indiana	$3.390		Minnesota	$3.275
Rhode Island	$3.630		North Dakota	$3.380		Virginia	$3.225
Maine	$3.582		Kentucky	$3.377		Kansas	$3.218
Pennsylvania	$3.578		Maryland	$3.375		Alabama	$3.214
Massachusetts	$3.574		Wisconsin	$3.375		Louisiana	$3.195
West Virginia	$3.530		Ohio	$3.369		Arkansas	$3.170
D.C.	$3.511		Florida	$3.366		Mississippi	$3.170
Nevada	$3.504		Colorado	$3.361		Tennessee	$3.161
Idaho	$3.501		Wyoming	$3.356		Oklahoma	$3.154
Utah	$3.496		Montana	$3.355		South Carolina	$3.154
Illinois	$3.486		Nebraska	$3.350		Texas	$3.143
New Jersey	$3.467		South Dakota	$3.339		Missouri	$3.140

Source URL: http://investorplace.com/2012/12/falling-gas-prices-a-state-by-state-look-3/
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