Gasoline prices inched down in the past week, with the average cost of a gallon of regular falling to $3.680 from $3.696 during the previous week. After rising nearly 50 cents a gallon throughout the first two months of 2013, gasoline prices have eased thus far in March. Even the highs this year didn’t reach the levels of six months ago, when gas was above $3.80 a gallon.
Average gasoline prices have continued to quietly move lower in the last week across much of the US at a time of year when we historically are accustomed to seeing prices move higher. As of late last week, all fifty states saw lower gasoline prices than the same date last year.