The News Courier in Athens, Alabama

Local News

November 11, 2013

Gas prices down 3.3 cents from week ago

ATHENS —

Average retail gasoline prices in the area have fallen 3.3 cents per gallon in the past week, averaging $3.15 per gallon over the weekend, according to GasBuddy.com's daily survey of 261 gas outlets in Huntsville-Athens area. This compares with the national average that has fallen 5.4 cents per gallon in the last week to $3.20 per gallon, according to the gasoline price website.

Including the change in gas prices locally during the past week, prices this past weekend were 9.9 cents per gallon lower than the same time a year ago and are 4.3 cents per gallon lower than a month ago. The national average has decreased 17.4 cents per gallon during the last month and stands 26.7 cents per gallon lower than this day one year ago.

However, the range of gas prices in Athens-Limestone County is 50 cents a gallon. The lowest price found over the weekend was $3.09 a gallon while the highest price was $3.59. Visit www.huntsvillegasprices.com/Athens/index.aspx.

"Gas prices across many communities are now the lowest since they've been since the Libryan crisis in February of 2011. Nearly 15 percent of all stations in the U.S. are now selling gasoline under the psychologically important $3 a gallon level," said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan. "This date last year saw just 1 percent of stations selling under that level, so motorists aren't doing too shabby.

“Several stations in Tulsa, Okla., which features the cheapest gas in the U.S., are selling at a mere $2.45/gallon, a number so low that had you said that just six weeks ago, motorists would have been shaking their heads in disbelief.

And DeHaan said there could be a present for motorists.

“Prices nationally could drop to as little as $3.05 a gallon by Christmas," he said.

GasBuddy operates HuntsvilleGasPrices.com and more than 250 similar websites that track gasoline prices at more than 140,000 gasoline stations in the United States and Canada.

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