The average price for a gallon of regular unleaded gas in Delaware is now $1.99 – the lowest in the region, Wilmington-based AAA-Atlantic reported.
Gas prices nationally and in Delaware have been trending downward since the beginning of the year, but the drop-off has increased significantly in the past few weeks because of the impact of COVID-19 stifling demand globally, and the Saudi-Russian oil war.
“The average price of gas across Delaware is as low as it has been since 2016,” says Ken Grant, Public and Government Affairs Manager for AAA Mid-Atlantic. “And, the impact of COVID-19 and the oil price wars may significantly diminish the typical run-up in gas prices we see through the spring.”
The Christiana-Bear area continued to see the lowest prices in the state. The AAA Fuel Finder reported prices running as low as $1.90 a gallon.
The Gas Buddy site reported that the price at the pump dropped to $1.76 a gallon at Costco and BJ’s membership clubs in northern Delaware.
The national gas price average is $2.07 today, down more than a half dollar since a year ago.
Delaware’s average gas price is 12 cents lower than a week ago, 39 cents less than a month ago, and 51 cents lower than a year ago.
“Typically gas prices start to trend more expensive at the beginning of spring, especially as motorists get out to enjoy the warmer weather and travel for spring break. That is not the case this year,” said Jeanette Casselano, AAA spokesperson. “With Americans urged to stay at home and practice social distancing to slow the spread of coronavirus, we are seeing less traffic on the roadways which will ultimately drive down demand, increase gasoline supply and push pump prices less expensive for the foreseeable future.”