How gas prices have changed in Florence in the last week

Published 3:17 pm Monday, May 15, 2023

Canva

How gas prices have changed in Florence in the last week

The price of oil has fallen over the last week, keeping prices at the pump lower for American commuters. Despite higher demand, prices have remained low, on average, nationwide.

The average cost for a gallon of regular gasoline today is about 10 cents lower than a month ago, and nearly $1 less than they were at this time last year.

A gallon of regular gas was $3.54 on average Monday, May 15, according to AAA. Stacker compiled statistics on gas prices in Florence-Muscle Shoals, AL metro area using data from AAA.

“We’re likely to soon see gasoline prices slip to their largest year-on-year deficit since COVID hit, when prices fell over $1 per gallon from 2019. So the relief at the pump has been significant,” GasBuddy analyst Patrick De Haan said in a statement Monday.

Florence by the numbers
– Current gas price: $3.07
— Alabama average: $3.08
– 1-week change: -$0.01 (-0.2%)
– 1-year change: -$1.11 (-26.5%)
– Record high gas price: $4.62 (6/10/22)

– Current diesel price: $3.75
– 1-week change: -$0.03 (-0.9%)
– 1-year change: $-1.59 (-29.7%)
– Record high diesel price: $5.66 (6/12/22)

Metros with the most expensive gas
#1. Lihue (Kauai), HI: $5.24
#2. San Luis Obispo-Atascadero-Paso Robles, CA: $5.11
#3. Scottsdale, AZ: $5.11

Metros with the least expensive gas
#1. Biloxi-Gulfport-Pascagoula, MS: $2.91
#2. Lawton, OK: $2.92
#3. Monroe, LA: $2.93