How gas prices have changed in Alabama in the last week

Gasoline prices are up by 9 cents per gallon over a week earlier, on average, pushing them to the highest they have been since October 2023.

Several nations from the Organization of the Petroleum Exporting Countries recently announced that they will continue cutting oil production. As a result, the Energy Information Administration expects that world oil production will fall below consumption in the first half of 2024, putting upward pressure on gasoline prices.

Wars around the world are exacerbating problems with energy prices. Ukraine has launched multiple attacks on Russian oil refineries this year, disrupting production. Despite Western sanctions, Russia still remains one of the world’s biggest oil exporters.

Meanwhile, Secretary of State Antony Blinken said Thursday that ongoing peace talks between Israel and Hamas could lead to a ceasefire soon. This in turn could potentially cause the Houthis to pull back their attacks on ships in the Red Sea, allowing oil tankers through and easing supply pressures.

Stacker compiled statistics on gas prices in Alabama. Gas prices are as of March 22.

Alabama by the numbers
– Gas current price: $3.19
– Week change: +$0.04 (+1.2%)
– Year change: +$0.11 (+3.7%)
– Historical expensive gas price: $4.63 (6/14/22)

– Diesel current price: $3.85
– Week change: -$0.00 (-0.0%)
– Year change: -$0.22 (-5.5%)
– Historical expensive diesel price: $5.64 (6/18/22)

Metros with most expensive gas in Alabama
#1. Russell County: $3.23
#2. Montgomery: $3.21
#3. Daphne-Fairhope-Foley: $3.21
#4. Huntsville: $3.20
#5. Mobile: $3.20
#6. Dothan: $3.20
#7. Tuscaloosa: $3.20
#8. Florence-Muscle Shoals: $3.19
#9. Birmingham: $3.17
#10. Decatur: $3.15
#11. Anniston-Oxford: $3.15
#12. Auburn: $3.14
#13. Gadsden: $3.07

States with the most expensive gas
#1. California: $4.97
#2. Hawaii: $4.70
#3. Washington: $4.39

States with the least expensive gas
#1. Colorado: $3.08
#2. Mississippi: $3.09
#3. Kansas: $3.18

This story features writing by Wade Zhou and is part of a series utilizing data automation across 50 states.