The price of gasoline has seen some sizable declines over the past 99 days, but that might be coming to an end.
What Happened to Gas Prices?
According to the Energy Information Administration (EIA), the average price for a gallon of regular gasoline was $2.36 on August 3, 2020. This is up from an average of $1.95 in early July, but still less than the $2.58 per gallon that motorists were paying at this time last year. So what happened to gas prices?
There are a few factors that have contributed to the recent increase in gas prices. First, crude oil prices have been on the rise in recent weeks as global demand for oil increases and production levels remain relatively low. Additionally, many refineries in the United States are currently offline due to Hurricane Laura, which could lead to higher gas prices in the coming weeks as well.
Despite these factors, there are still ways to find cheaper gas prices. For example, GasBuddy’s daily deals feature can help you locate stations with the lowest prices in your area. Additionally, @Gaspricewatch on Twitter regularly tweets about cheap gas prices around the country.
What Is Coming Next?
As the summer driving season approaches, prices at the pump are starting to inch up. However, you can still find stations selling gasoline for less than $ a gallon in some parts of the country.
The national average price for a gallon of regular unleaded gasoline was $ on Friday, up from $ a week ago, according to AAA. However, that’s still well below the year-ago average of $
“With Memorial Day weekend just a few weeks away, we’re likely to see prices continue to creep up as demand increases,” said AAA spokesman Mark Jenkins. “But there’s still plenty of time for prices to fluctuate, so drivers shouldn’t be surprised if they see some discounts along the way.”
The good news is that even at higher prices, gas is still cheaper than it has been in recent years. And if you do some planning ahead, you can find ways to save even more money at the pump.
Tips for Buying Gas
If you’re looking to save on gasoline, there are a few things you can do to find the best prices. First, check local gas stations to see if there are any discounts or promotions going on. You can also look for gas stations that offer loyalty programs where you can earn points or discounts off your gas purchase. Additionally, be sure to compare prices before you fill up – some gas stations charge more for their gas than others. Finally, don’t wait until your tank is empty to fill up – getting gas when you still have some in your tank will help you avoid paying higher prices.
Places You Can Find It Less Than $4 a Gallon
If you’re looking for cheap gas, you don’t have to look far. Here are some places where you can find gas for less than $4 a gallon:
1. Walmart: The world’s largest retailer is known for its low prices, and that includes gasoline. You can typically find gas at Walmart for around $3.75 a gallon.
2. Costco: Another big box store that offers cheap gas is Costco. Gas prices at Costco typically start at $3.65 a gallon.
3. Shell: One of the major oil companies, Shell also has some of the lowest prices on gasoline. You can find Shell gas for as low as $3.55 a gallon in some locations.
4. Sam’s Club: A subsidiary of Walmart, Sam’s Club also offers low prices on gasoline. Sam’s Club gas typically starts at $3.70 a gallon.
5. BJ’s Wholesale Club: Another big box store with cheap gasoline prices is BJ’s Wholesale Club. Gasoline at BJ’s typically starts at $3.80 a gallon
Prices on gasoline may be on the rise again, but there are still ways to find it for less than $4 a gallon. By using apps like GasBuddy or partnering with certain gas station rewards programs, you can keep your gas costs down without sacrificing convenience. So fill up your tank while you can still get a good deal!