Monday, October 24, 2022

What They Are Reading in the States: Gas Prices Continue to Fall Across the Country - The White House

Across the country, local news outlets are reporting on declining gas prices as the President continues to take action to lower them in the face of Putin’s Price Hike and other supply challenges.

Gas prices have declined by an average of $1.22 per gallon nationwide since their June peak – a decline of 24% over more than 18 weeks. There are now 38 states and the District of Columbia with average gasoline prices of $3.99 or less, with more than two-thirds of all states boasting prices under $3.79. Nine states have prices of $3.39 or less and 15 states have average gasoline prices of $3.49 or less.

President Biden is committed to doing everything in his power to bring prices down for American families. This includes the President’s announcement to extend the release of oil from the Strategic Petroleum Reserve through December, his intention to repurchase oil around $70/barrel to replenish the SPR, and his call for oil and gas companies to pass their savings from declining oil and wholesale gas prices on to consumers at the pump.

Read below for a sampling of the coverage:

Arkansas

KAIT (ABC/NBC/CW Jonesboro, AR): Arkansas gas prices slip a few more cents Arkansas motorists are paying a little less this week to fill up their gas tanks…GasBuddy.com reported Monday that the average price of regular unleaded gasoline fell 6.7 cents in the last week to $3.28…National prices fell 9.3 cents a gallon in the last week to an average of $3.77.

California

Los Angeles Times: Los Angeles gas prices fall for 16th day in a row, likely to keep dropping “A lot of the problems that led to a surge in prices have been addressed,” said Patrick De Haan, an oil and gas analyst for GasBuddy. “It’s been a pretty nice drop, and pretty quick really. … Barring any drastic changes to the market, De Haan said he expects prices will continue to decrease across Los Angeles and California.

Georgia

WAGA (FOX Atlanta, GA): Georgians see some relief as gas prices continue declining Monday, AAA reports that the average price for a gallon of unleaded gas in Georgia has dropped to $3.20 – a decrease of 5 cents compared to a week ago, 7 cents less than in September, and 3 cents less than the same time in 2021…It now costs Georgia drivers $48 to fill up a 15-gallon tank with regular gasoline – 50 cents less compared to a year ago…The average gas price in Georgia still remains much lower than the national average, which on Monday was $3.78 for a gallon.

Iowa

KWWL (NBC Eastern Iowa): Gas prices fall 7.1 cents in Iowa this week, $3.63 state average per gallon Average gas prices in Iowa fell 7.1 cents this week, marking a statewide average of $3.63 per gallon, according to the latest GasBuddy survey…Prices in Iowa are 16.8 cents per gallon higher than a month ago, and are 55.3 cents higher per gallon than a year ago…The national average price per gallon fell 5.4 cents in the last week, averaging $3.86.

Michigan

WZZM (ABC Grand Rapids, MI): Michigan gas prices drop 16 cents since last week Adrienne Woodland, spokesperson for AAA, says this downward trend could continue…”Michigan motorists continue to see pump prices decline with some metro areas across the state seeing averages below $4 a gallon,” Woodland said. “If demand continues to remain low, as oil prices slide, drivers could see pump prices continue to come down.”

Minnesota

WJON (Central Minnesota): Gas prices falling as seasonal demand declines Average gas prices have declined for the second week in a row…Average gasoline prices in Minnesota have fallen 8.1 cents per gallon in the last week, averaging $3.66…The national average has fallen 9.3 cents in the last week, averaging $3.77…Gas Buddy says with oil prices struggling a bit after reaching $93 after OPEC’s decision to cut oil production, many regions could see falling gas prices again this week as demand continues to decline seasonally.

North Carolina

WBTV (CBS Charlotte, NC): Charlotte gas prices fall nearly 8 cents over past week
The average price of a gallon of regular gas in Charlotte fell 7.9 cents over the last week, sitting at $3.51 as of Monday, officials said…In North Carolina, the average price of a gallon of gas was $3.42, down 6.1 cents from last week’s $3.48 a gallon, according to GasBuddy.

Ohio

WSYX (ABC/FOX Columbus, OH): Gas prices in Columbus drop nearly 14 cents per gallon Monday

Columbus gas prices have dropped in the past week, GasBuddy reports…The latest weekly report from Gas Buddy says that average gasoline prices in Columbus fell 13.8 cents in the last, averaging $3.67 a gallon Monday.

Oregon

KTVZ (NBC/CW Central Oregon): AAA: Oregon gas prices down 22 cents a gallon in past week, second-biggest drop in U.S.
Oregon and other West Coast states are seeing some of the biggest weekly gas-price decreases in the nation, AAA Oregon/Idaho reported Tuesday…Gasoline supplies in the area are returning to normal as regional refinery issues are resolved. they said. In addition, falling crude oil prices and demand for gas in the U.S. are also helping to push pump prices lower.

Tennessee

Chattanooga Pulse: Chattanooga Gas Prices Fall Nearly Nine Cents A Gallon Over The Past Week
Average gasoline prices in Chattanooga have fallen 8.6 cents per gallon in the last week, averaging $3.20/g today, according to GasBuddy’s survey of 170 stations in Chattanooga…The national average price of gasoline has fallen 9.3 cents per gallon in the last week, averaging $3.77/g today. The national average is up 10.2 cents per gallon from a month ago and stands 41.2 cents per gallon higher than a year ago, according to GasBuddy data compiled from more than 11 million weekly price reports covering over 150,000 gas stations across the country.

Washington

KOMO (ABC Seattle, WA): Gas prices drop for 2nd straight week in Seattle, Washington state, nationally
Gas prices dropped 18.7 cents per gallon over the past week in Seattle, according to GasBuddy’s weekly survey of 775 stations in the city…The cheapest gas in the city on Sunday was $3.99 a gallon, while the most expensive was $6.29 a gallon…This drop marks the second consecutive week of declines in the area…Nationally, the average dropped 9.3 cents to $3.77 a gallon.

Wisconsin

WLUK (FOX Green Bay, WI): Gas prices drop for second straight week
Average gasoline prices in Green Bay have fallen 8.9 cents per gallon in the last week, averaging $3.52/g today, according to GasBuddy’s survey of 127 stations in Green Bay…”Average gas prices have declined for the second straight week with significant declines in the West and Great Lakes having an oversized effect on the drop in the national average,” said Patrick De Haan, head of petroleum analysis at GasBuddy.

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