The average gas price for regular continued to drop during the weekend.
Over the past week, motorists are seeing, on average, a 15-cent drop from a week earlier and a more than a half-dollar decline from a month ago, but are still nearly $1.50 above the price at the pump a year ago.
Delaware average gas prices
| Timeframe | Regular | Mid-Grade | Premium | Diesel |
|---|---|---|---|---|
| Current Avg. | $4.441 | $4.923 | $5.170 | $5.489 |
| Yesterday Avg. | $4.460 | $4.936 | $5.190 | $5.492 |
| Week Ago Avg. | $4.593 | $5.054 | $5.306 | $5.598 |
| Month Ago Avg. | $4.970 | $5.386 | $5.661 | $5.943 |
| Year Ago Avg. | $2.998 | $3.388 | $3.648 | $3.248 |
Crude oil prices, which can account for 60% of the price at the pump, have dropped below $100 a barrel, finishing the week around $98 a barrel, up from a low in the mid-90s earlier in the week.
To check out gas prices in your neighborhood, log on to the AAA Fuel Price Finder
The Costco membership club station near Christiana Mall and east of Newark reported a price at the pump of $4.26 a gallon for regular.
Motorists in border areas also saw the impact of price competition in Maryland, with Elkton and Salisbury gas station convenience stores posting gas prices below the Delaware average. this comes despite Maryland’s higher gas tax.
Both Maryland cities have a larger number of independent stations that use lower gas prices to attract customers who might otherwise go to price leaders like Wawa, Royal Farms, and name gas brand franchises from Shell, ExxonMobil, etc.
Analysts and the oil industry say the price relief might be short-lived since supplies remain tight.
