CStore Decisions

  • Home
  • Today on CSD
  • Categories
    • CBD
    • Foodservice
    • Fuel & Gas
    • Health & Beauty
    • Independent Operators
    • Operations & Marketing
    • Technology
  • CStore Playbooks
    • CBD Playbook
    • Foodservice Playbook
    • Technology Playbook
    • Alcoholic Beverage Playbook
    • Tobacco Playbook
  • Products
    • Hot New Products Contest
    • Beverages & Cold Vault
    • Candy, Gum & Mints
    • Snacks
    • Tobacco
  • Resources
    • Digital Issues
    • Research & Downloads
    • Podcasts/How To Series
    • On Location
    • FAQ
    • 2022 Top 111 Chains
    • Leaders in Convenience
    • Rack Prices
    • Sponsored Content
    • Videos
    • Webinars / Digital Events
    • White Papers
  • Events
    • 2021 Chain of the Year
    • Convenience Directions
    • NAG Convenience Conference
    • Young Executive Organization
  • Join
    • National Advisory Group
    • Safe Shop Assured
    • Young Executive Organization

Average Fuel Prices Decline

By CSD Staff | December 30, 2015

Share

fuelpumpingLARGEDrivers are seeing the lowest fuel prices for this time of year since the 2009 Great Recession.

This year, consumers experienced the lowest average fuel prices for the Christmas holiday since the 2009 recession, and pump prices remain around the $2 mark.

According to a report from AAA, 45 of the past 52 days have featured a fall in retail averages, and the average price as of Dec. 28 is $1.99, the lowest on this date since the Great Recession. On average, consumers are paying five cents less per gallon compared to a month ago, and 30 cents less compared to this date last year.

National fuel averages are expected to continue their decline into 2016, because supply should continue to outpace demand, and fuel prices typically fall during this time of year as motorists’ demand for gasoline decreases. However, the west coast has not been privy to the falling fuel prices, due to the supply issues in California, due to the earlier shutdown of ExxonMobil’s Torrance, Calif. refinery, which has sent prices higher in the western region, causing the national average to be higher than it would be otherwise.

Currently, 32 of the 50 states are recording averages below $2, with Missouri ($1.70) and Kansas ($1.75) posting the lowest national averages. Due to the lingering refinery issues, California ($2.83) and Hawaii ($2.69) have the most expensive gasoline market in the nation. Weekly comparisons have shown that prices have moved more than a nickel per gallon in both directions across the nation.

Motorists in 42 states and Washington D.C. have been benefiting from monthly fuel savings, with the largest decrease in fuel prices being in Montana with a fall of 28 cents. However, eight states have experienced an increase in fuel prices with the highest being 13 cents in California.

 

Related Articles Read More >

Pilot Flying J Launches $50,000 Fuel Giveaway
Gas Prices Continue to Rise
Love’s Opens New Georgia Location
Tobacco’s Ever-Evolving Legislative Landscape
Safe Shop Assured

CStore Decisions Newsletter

Sponsored Content

  • Create Some Positivity at the Pump: 3 Ways to Fuel Customer Experiences
  • How Minuteman Food Mart Ensures a Consistent Customer Experience Across 44 Stores
  • Three Challenges Disrupting C-Store Operations and How to Overcome Them
  • Why Wait? Converting to E15 is easy.
  • It’s time you profited from your checkout line

Get the Magazine

Subscribe Now!
Subscribe Now!

Manage Current Subscription
CStore Decisions
  • New CSD Print Subscription
  • Manage current print subscription
  • CBD Retail Trends
  • CStore Products
  • NAG Convenience Conference
  • Convenience Directions
  • Rack Prices
  • Subscribe to CSD’s E-Newsletter
  • About CStore Decisions
  • Advertise

Copyright © 2022 WTWH Media LLC. All Rights Reserved. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of WTWH Media
Privacy Policy | Advertising | About Us

Search CStore Decisions

  • Home
  • Today on CSD
  • Categories
    • CBD
    • Foodservice
    • Fuel & Gas
    • Health & Beauty
    • Independent Operators
    • Operations & Marketing
    • Technology
  • CStore Playbooks
    • CBD Playbook
    • Foodservice Playbook
    • Technology Playbook
    • Alcoholic Beverage Playbook
    • Tobacco Playbook
  • Products
    • Hot New Products Contest
    • Beverages & Cold Vault
    • Candy, Gum & Mints
    • Snacks
    • Tobacco
  • Resources
    • Digital Issues
    • Research & Downloads
    • Podcasts/How To Series
    • On Location
    • FAQ
    • 2022 Top 111 Chains
    • Leaders in Convenience
    • Rack Prices
    • Sponsored Content
    • Videos
    • Webinars / Digital Events
    • White Papers
  • Events
    • 2021 Chain of the Year
    • Convenience Directions
    • NAG Convenience Conference
    • Young Executive Organization
  • Join
    • National Advisory Group
    • Safe Shop Assured
    • Young Executive Organization