Average price of gas continues to fall in Washington

The average price for a gallon of gasoline has continued to fall in Washington state, according to AAA.

While the national average for a gallon of regular gas has dropped 15 cents since last week, Washington drivers have averaged of 12 cents of savings since last week.

Washington drivers still have a way to go before getting to the national average of $4.521 a gallon, with the latest numbers showing $5.236 a gallon for Washington.

According to AAA, the decline in prices is due to a lower demand for gas at the pump and a much lower global demand for oil.

Two weeks ago, the cost for a barrel of oil was $110. Now it’s down to the mid-$90s.

“Global economic headwinds are pushing oil prices lower, and less expensive oil leads to lower pump prices,” said AAA spokesperson Andrew Gross. “And here at home, people are fueling up less, despite this being the height of the traditional summer driving season. These two key factors are behind the recent drop in pump prices.”

Washington peaked in June when the average price for a gallon of gas was $5.555 - a far cry from the high of $3.837 average just a year ago.

AAA does not list Washington in the top 10 states for having seen the largest weekly decrease for the price of gas or one of the top 10 least expensive states for gas.

©2022 Cox Media Group