Surprise! Americans Paid Less for Gasoline in First Quarter 2013

Surprise! Americans Paid Less for Gasoline in First Quarter 2013

Surprise! Americans Paid Less for Gasoline in First Quarter 2013

Consumers in the U.S. saw gasoline prices beef to a almanac boilerplate amount in February, but the motor ammunition bazaar cooled appreciably in March. Contrary to accessible perception, boilerplate aboriginal division 2013 gas prices averaged beneath 2012 numbers, GasBuddy appear yesterday.

In fact, Americans paid about 30cts gal beneath for gasoline in the best contempo Easter Weekend than they paid over the aforementioned aeon in 2012. Gas prices averaged aloof over $3.64 gal on Good Friday and may dip added in advancing days. Consumers paid aloof over $3.93 gal on Easter Weekend aftermost year. GasBuddy analyst Patrick DeHaan estimates that anniversary penny per gallon translates into about $3.6 actor per day in amount differences based on archetypal appeal numbers. Hence, consumers are extenuative about $108 actor anniversary day back accepted costs are compared to aftermost year.

The boilerplate aboriginal division 2013 price, aggregate by GasBuddy, was $3.548 gal, compared with a $3.584 gal amount akin in the aboriginal division of 2012. As afresh as 2009, the aboriginal division gasoline amount averaged beneath $1.90 gal, so these are still annealed numbers back compared with 21st aeon actual values. Ten years ago, U.S. gasoline prices averaged beneath $1.59 gal for the aforementioned period.

GasBuddy ranked 363 audible “Metropolitan Statistical Areas” or MSAs, and begin two U.S. markets that absolutely averaged beneath than $3 gal during the absolute aboriginal quarter. Fortunate motorists in Casper and Cheyenne, Wyoming begin an boilerplate aboriginal division 2013 amount of $2.87 gal and $2.955 gal, respectively, bottomward about 16cts gal from aftermost year. The Rocky Mountain arena was the best alluringly priced breadth of the country, acknowledgment in allotment to almost bargain North American awkward availability for refiners.

In all, 300 City Statistical Areas saw cheaper aboriginal division prices for gasoline than in 2012, with two MSAs assuming no statistically cogent change. More big-ticket markets in 2013 included locations in Vermont, New York, Massachusetts, and Pennsylvania. The best big-ticket bazaar in the country was the Honolulu area, but the absolute amount of $4.157 gal this year was aloof 3cts gal aloft the 2012 number.

Highest prices were about witnessed forth the New England bank as able-bodied as Florida, California and the Pacific Northwest and the cheapest prices were in the Rockies and Great Plains.

Diversity in gasoline appraisement approached almanac levels. GasBuddy estimates that a acute client could save an boilerplate $1.13 per gallon in Washington, DC, for example. Other markets that saw huge differences amid best prices and the top of the bazaar included California, area motorists could carve costs amid 50cts/gal to as abundant as $1.00/gal if they fueled based on the cheapest amount available.

Despite the contempo downtrend, GasBuddy is afraid to say that motorists accept apparent the aiguille appraisement akin for gasoline in 2013. Hot spots which could see bounded gasoline amount spikes accommodate Great Lakes’ states and Northeastern city areas, for example. Prices could beat badly in the heartland acknowledgment to all-encompassing bounce aliment for Midwestern refineries, and the East Coast could be impacted by billowing adopted imports of gasoline.

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