Believe it or not, there IS some good news for motorists as we head into the Fourth of July Holiday weekend – gas prices are falling across Alabama, and around the U.S.
According to AAA – the average price of a gallon of unleaded gas in the state Monday, is $4.49, one cent less than on Sunday; and that’s down from the highest average ever recorded in the state – $4.63 a gallon – recorded two weeks ago on June 14th.
A month ago the average was $4.29, while a year ago, Alabamians were paying $2.80; The national average according to AAA, is $4.89, that’s down from the all-time high of $5.01 on June 14th. Alabama is also among the nation’s top 10 least expensive markets, placing sixth and Georgia is at the top, with a $4.40 per gallon average. AAA says the economic anxiety over a potential recession, which would lead to less global demand for oil – drove the price to around $107 per barrel, down $3 from last week. The cheapest gas among Alabama’s metros is Auburn at $4.39 a gallon; the highest in Montgomery, at $4.54, according to AAA.
According to the website www.gasbuddy.com – prices per gallon in Cherokee County range anywhere from $4.19 to $4.59, so shop around.