Posted in: Gas Prices,
by Patrick DeHaan on Apr 23, 2012 11:49 AM
Sound crazy? Maybe to some, but today, 38% of all U.S. states are seeing average prices below where they were just one year ago. That also means that some states are higher than a year ago. So what states are seeing lower prices than a year ago?
Minnesota wins, by a long shot. Prices there today are 24c/gal lower than a year ago (today $3.66, year ago $3.90)
Ohio comes in second, with prices today averaging 17c/gal lower than a year ago (today $3.69, year ago $3.86)
Michigan comes in third, with prices averaging 16c/gal lower than a year ago (today $3.81, year ago $3.97)
Other states where prices today are lower than a year ago:
Nebraska, 14c/gal lower today than last year
Missouri, 14c/gal lower today than last year
Indiana, 14c/gal lower today than last year
Iowa, 13c/gal lower today than last year
Wisconsin, 12c/gal lower today than last year
Oklahoma, 12c/gal lower today than last year
So who when are the losers? (There always are losers when it comes to gasoline prices)
Colorado, 29c/gal higher today than last year
Montana, 20c/gal higher today than last year
Oregon, 16c/gal higher today than last year
Arizona, 16c/gal higher today than last year
Washington, 15c/gal higher today than last year
Hawaii, 11c/gal higher today than last year
Many areas of the Rockies made the loser list, most likely because their gasoline prices lag the national average in rising and falling, so while the national average has been falling, prices have been rising in areas of the Rockies. I expect that in the next 2-3 weeks prices will also start falling in the Rockies.
Areas of Canada are also seeing lower gasoline prices today than a year ago- I saw Toronto was one of the cities that today has lower prices than a year ago. Great news for many motorists out there, and for those who are in an area with higher gasoline prices than last year, don't worry- prices should start falling in the next week or two for a majority of you.