Gas prices sink lower
The nationwide average price of self-serve regular gasoline has fallen to its lowest level since mid-July of this year. The current price of $1.501 per gallon for self-serve regular gasoline is three-tenths of a penny lower than the $1.504 recorded by AAA's daily online Fuel Gauge Report on July 17th and is a drop of six cents since mid-October when the average price was $1.561 per gallon.
Gasoline reached a record high price of $1.737 per gallon over the Labor Day weekend this year, AAA said in a news release. The current price is 23.6 cents lower than at that time, but is 4.3 cents per gallon higher than one year ago when the average price was $1.458 per gallon.
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