How gas prices have changed in Alabama in the last week
Published 4:38 pm Friday, February 23, 2024
How gas prices have changed in Alabama in the last week
Gasoline prices have flattened this week as a key refinery in the Midwest will reportedly come back online soon. The Whiting, Indiana, BP refinery had a power outage and closed for several weeks for maintenance, pushing up prices at the pump for drivers in neighboring states.
AAA spokesperson Andrew Gross anticipates a “slow, wobbly start” to the seasonal rise in gas prices that comes with the switchover to warm-weather fuel blends.
Swings in the price of gasoline have been more tame in the time since Americans saw historic spikes in response to the Russian invasion of Ukraine. Despite ongoing conflict in the Middle East and Ukraine, gasoline prices have avoided large increases in recent months. Goldman Sachs’ head of oil research Daan Struyven said this week that the resilience is due to a strong supply of domestic oil. The U.S. is now producing as much oil as Russia and Saudi Arabia combined, lessening the reliance on foreign sources over the past year and a half, according to Goldman Sachs Research.
Stacker compiled statistics on gas prices in Alabama. Gas prices are as of February 23.
Alabama by the numbers
– Gas current price: $2.97
– Week change: -$0.02 (-0.6%)
– Year change: -$0.09 (-2.9%)
– Historical expensive gas price: $4.63 (6/14/22)
– Diesel current price: $3.89
– Week change: -$0.01 (-0.4%)
– Year change: -$0.37 (-8.8%)
– Historical expensive diesel price: $5.64 (6/18/22)
Metros with most expensive gas in Alabama
#1. Dothan: $3.03
#2. Montgomery: $3.00
#3. Daphne-Fairhope-Foley: $2.99
#4. Huntsville: $2.98
#5. Russell County: $2.98
#6. Tuscaloosa: $2.97
#7. Mobile: $2.96
#8. Birmingham: $2.96
#9. Florence-Muscle Shoals: $2.94
#10. Decatur: $2.93
#11. Auburn: $2.92
#12. Anniston-Oxford: $2.90
#13. Gadsden: $2.86
States with the most expensive gas
#1. Hawaii: $4.70
#2. California: $4.64
#3. Washington: $3.95
States with the least expensive gas
#1. Oklahoma: $2.85
#2. Mississippi: $2.85
#3. Texas: $2.86
This story features writing by Dom DiFurio and is part of a series utilizing data automation across 50 states.