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Gas prices statewide continue to fall under $2 a gallon

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Delaware Public Media
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Motorists traveling during the holiday season are continuing to rejoice at the pump in Delaware as gas prices fell again last week.

 

AAA Mid-Atlantic reports the average price for a gallon of regular in Delaware dropped by two cents over the past week to $1.95 a gallon.  A year ago, it stood $2.49.  

 

Delawaregasprices.com reports there are just over dozen stations selling a gallon of regular for $1.84 or less, mostly in New Castle County. The cheapest is $1.75 in Newark.

Last week, the statewide average fell below $2 a gallon for the first time in six years. About two-thirds of the country are selling gas under $2 a gallon. Nationwide, the average price for a gallon of regular held steady at $2.00 in the last week. Last year, the average was $2.32.

AAA expects prices to stay low throughout the winter and could drop further if the cost of crude oil remains weak. And officials believe that even with the routine increases that occur in late winter and summer, prices will stay under $3 a gallon in 2016.

The Federal Highway Administration estimates that Americans are on track to drive a record number of miles this year. Based on data taken through October, motorists traveled 2.63 trillion miles--3.4 percent more than over the same period last year.