Gas price drops 12 cents in past week

60
Advertisement

Delaware gas prices have fallen sharply in the past week.

As of Tuesday, the price at the pump had dropped about a dozen cents a gallon for regular.

According to AAA, oil and gas experts have noted that overall gasoline demand this summer failed to match previous years, with consumption getting little “lift” from vacation travel this summer despite retail gasoline prices below last year’s. There is a lot of speculation as to why this occurred, but no one seems to know for sure.

DELAWARE AVERAGE GAS PRICES

TimefreameRegularMid-GradePremiumDiesel
Current Avg.$3.519$4.061$4.336$4.295
Yesterday Avg.$3.524$4.065$4.323$4.303
Week Ago Avg.$3.644$4.143$4.427$4.210
Month Ago Avg.$3.707$4.162$4.460$4.027
Year Ago Avg.$3.567$4.060$4.353$4.773
From AAA

So far, electric cars account for only a tiny percentage of vehicles on the road, and sales of new and more fuel-efficient vehicles would not seem to have made much of a dent in fuel demand. The average age of cars in the U.S is a record 12.5 years.

AAA reported last week that Maryland and Delaware were tied for fourth in seeing the largest one-week drop in the price of gasoline.

Advertisement

The Bridgeville area in southern Delaware saw prices drop below $3.30 a gallon, with the cash price at $3.20 or below.

Advertisement
Advertisement