No end in sight for gas-price free fall
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Moreover, the national average price of gas has tumbled for 36 straight days and by 25 cents, the longest streak of daily declines since fall 2008. The largest weekly price drops occurred in the Midwest and central U.S., led by discounts of more than a dime in Michigan, Indiana and Ohio; that's compared with South Carolina and Washington, D.C., where prices fell less than a penny.
Those same Midwestern and central states also enjoyed the greatest month-over-month relief, with 10 states seeing 30-cent dips. The smallest monthly declines — less than a dime — have occurred west of the Rockies in Alaska, Arizona, Washington, Oregon, Wyoming, Idaho, Nevada and California. Still, year-over-year, California’s gas prices have dropped by a whopping 80 cents since last year, a 30-cent better discount compared with the Midwest's year-over-year figure.
And the price plummet is not expected to end there. "AAA expects that retail prices will continue lower in the coming months, as sufficient supplies, flat demand and cheaper winter-blend gasoline mean motorists are likely to pay less to fill their tanks," AAA said in a statement.