Your eyes aren’t deceiving you - gas prices are down across Alabama. The reasons why are a little curious.
Your eyes aren’t deceiving you - gas prices are down across Alabama.the average price of a gallon of unleaded gasoline this morning across the state is $3.11 a gallon, down from $3.19 one week ago. A month ago, that average was $3.27.
You can even find gas below $3 a gallon in Marshall and Cherokee counties, according to the averages there.As you might remember, it’s been a lot worse. A year ago, the average was $4.01, on the way to the all-time Alabama record of $4.63 record on June 14 of last year.So what’s driving the dip? The approach of summer usually sees an increase in gas prices.
However, a number of factors are in play, according to AAA - a drop in the price of oil, fears of a recession, a significant drop in demand, and an increase in domestic supply. If you purchase a product or register for an account through one of the links on our site, we may receive compensation.
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