Fuels

$1.99 Club Growing

Retailers in more states selling gas below $2 as nationwide average continues to fall

GAITHERSBURG, Md. -- Retailers in 13 states are now selling gas for $1.99 or less per gallon, according to consumer fuel-price website GasBuddy.com.

$1.99 gas prices Gasbuddy (CSP Daily News / Convenience Stores / Gas Stations)

The "$1.99 Club," which numbered three states only a week ago, now includes Alabama, Arizona, Colorado, Indiana, Louisiana, Mississippi, Missouri, Nebraska, New Mexico, Ohio, Oklahoma, Texas and Virginia, Patrick DeHaan, senior petroleum analyst for GasBuddy, Gaithersburg, Md., said in a blog post.

Click here to view the full blog post.

In some states, prices have dropped even lower. A gas-price war erupted in southern Ohio this week, with five stations in West Union and Lynx selling gas for $1.85 per gallon, reported The Columbus Dispatch, citing GasBuddy figures. 

Nationwide, gas prices have fallen 12.5 cents per gallon (CPG) over the past week to reach an average of $2.533, GasBuddy data showed. Diesel prices fell nearly 10 CPG to $3.398.

Fueling sites selling gas for less than $2.50 per gallon outnumbered those charging more "for the first time in years," DeHaan noted in his blog. According to GasBuddy, 55.5% of gas stations are now selling gas at less than $2.50 per gallon. The most common price nationally is $2.399, compared to $3.199 per gallon a year ago.

Across all lower-48 states, average gas prices fell under $3 per gallon on December 14 as New York's state average finally dropped below that price point.

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