Pumping Pain? Washington Fuel Prices Still Highest in The Nation
The Yakima Valley is the place where drivers will find the cheapest gas in the state. The price of a gallon of regular unleaded is selling for $3.93 in Wapato on Monday.
WHILE PRICES IN YAKIMA ARE DOWN OVER THE LAST WEEK IT'S STILL EXPENSIVE
Overall gas prices in Yakima are down 0.6 cents per gallon in the last week, averaging $4.70 a gallon Monday, according to GasBuddy's survey of 91 stations in Yakima.
Prices in Yakima are 30.8 cents per gallon higher than a month ago and stand 53.8 cents per gallon lower than a year ago. The national average price of diesel has fallen 3.4 cents in the last week and stands at $3.80 per gallon.
EVEN THE NATIONAL PRICE IS DOWN OVER THE LAST WEEK
The national average price of gasoline has fallen 4.1 cents per gallon in the last week, averaging $3.53 per gallon Monday. The national average is down 1.9 cents per gallon from a month ago and stands 129.3 cents per gallon lower 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.
THE LOWEST PRICE POINT SINCE APRIL?
"Just ahead of Independence Day, the national average has fallen to its lowest level since late April, with oil prices remaining under considerable pressure due to a cloudy outlook for the global economy. We could see gasoline prices under some additional pressure soon, especially as we head into the closing innings of summer next month," says Patrick De Haan, head of petroleum analysis at GasBuddy.
COULD WE SEE PRICES DROP ON THE NATIONAL LEVEL SOON?
"For now, gasoline demand will likely ramp up as we enter the peak of the summer, with millions of Americans set to take to the roads with some of the season's lowest average gasoline prices. At the half point of the year, the national average is right at level we anticipated for a full year average. While that's good news, I believe we may see prices close out the second half of the year below our expectations, which would be welcome news for motorists, and the possibility exists that the national average this fall could fall under $3 per gallon."
Historical gasoline prices in Yakima and the national average going back ten years:
July 3, 2022: $5.24/g (U.S. Average: $4.79/g)
July 3, 2021: $3.67/g (U.S. Average: $3.12/g)
July 3, 2020: $2.61/g (U.S. Average: $2.17/g)
July 3, 2019: $3.21/g (U.S. Average: $2.76/g)
July 3, 2018: $3.37/g (U.S. Average: $2.87/g)
July 3, 2017: $2.70/g (U.S. Average: $2.22/g)
July 3, 2016: $2.58/g (U.S. Average: $2.27/g)
July 3, 2015: $3.12/g (U.S. Average: $2.77/g)
July 3, 2014: $3.93/g (U.S. Average: $3.67/g)
July 3, 2013: $3.75/g (U.S. Average: $3.47/g)
Neighboring areas and their current gas prices:
Tacoma- $4.91/g, up 2.9 cents per gallon from last week's $4.88/g.
Seattle- $5.05/g, up 2.9 cents per gallon from last week's $5.03/g.
Washington- $4.91/g, unchanged from last week's $4.92/g.
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