What can we reason but from what we know? -Alexander Pope
Gas prices are staying low compared to the same time last year, thanks to lower demand and a growing domestic inventory.
"Gasoline demand has trailed 2023 for most of this year, and analysts believe economic uncertainty may suppress demand this summer," AAA spokesperson Andrew Gross said in a statement Thursday.
The national supply of gasoline grew by more than 3 million barrels at the start of June, surprising investors and signaling that summer travel demand may look different this year compared to prior ones. States including California, Nevada, Alaska, and Illinois saw the largest drops in average prices at the pump—roughly by 10 cents each from the week prior, per AAA data.
Stacker compiled statistics on gas prices in Colorado. Gas prices are as of June 14.
Colorado by the numbers
- Gas current price: $3.32
- Week change: +$0.04 (+1.3%)
- Year change: -$0.19 (-5.5%)
- Historical expensive gas price: $4.92 (6/21/22)
- Diesel current price: $3.54
- Week change: +$0.00 (+0.1%)
- Year change: -$0.38 (-9.7%)
- Historical expensive diesel price: $5.54 (6/21/22)
Metros with most expensive gas in Colorado
#1. Vail: $3.60
#2. Durango: $3.57
#3. Glenwood Springs: $3.55
#4. Pueblo: $3.34
#5. Colorado Springs: $3.31
#6. Boulder-Longmont: $3.29
#7. Denver: $3.29
#8. Fort Collins-Loveland: $3.29
#9. Grand Junction (CO only): $3.27
#10. Greeley: $3.24
States with the most expensive gas
#1. California: $4.87
#2. Hawaii: $4.76
#3. Washington: $4.37
States with the least expensive gas
#1. Mississippi: $2.94
#2. Arkansas: $2.95
#3. Oklahoma: $3.01
This story features writing by Dom DiFurio and is part of a series utilizing data automation across 50 states.
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