Alabama gas prices continue to tumble
Published 9:13 pm Monday, January 12, 2015
By Blake Deshazo
The Selma Times-Journal
The pain Alabama drivers face at the pump continues to be relieved, as gas prices keep falling.
Gasoline prices in Selma and Dallas County can be found as low as $1.95 at some stations, while others are charging as much as $2.02 for a gallon of unleaded.
According to the American Automobile Association, the average price of gas in Alabama is $1.99 — the lowest it has been since May 2009. AAA’s national average for a gallon of gasoline is $2.13.
A report from AAA shows drivers in Alabama are saving around eight cents per gallon compared to last week, 46 cents per gallon compared to last month and $1.13 per gallon compared to this time last year.
Prices started dropping on Sept. 25 and have fallen continuously for 110 days, according to AAA. That’s a total decrease of $1.15 per gallon during that time span.
Compared to a year ago, consumers are paying $1.54 less than they were in April 2014 when they paid $3.53 per gallon. AAA predicts prices will stay below $3 a gallon during 2015 barring significant increases in the price of crude oil.
Fuel conservation and price shopping are the two factors cited by AAA for the reason behind low prices. AAA encourages consumers to purchase the cheapest fuel available, which will cause higher priced stations to compete with cheaper ones.