Gas prices fall to lowest average since 2011

Getty Images

The average price of a gallon of gasoline is at its lowest level in the U.S. since 2011, according to AAA.

The auto group said on Wednesday that the current average of $3.17 is roughly 17 cents per gallon cheaper than a year ago.

{mosads}Additionally, AAA said, gas prices are “falling at the fastest rate since October 2012,” and prices have dropped 51 cents per gallon since July of this year.

One-third of all gas stations in the U.S. are selling gas for less than $3, and 10 states are currently charging less than $3 per gallon.

That means drivers are spending roughly $5 to $15 less to fill up their tanks than they were in early July.

Tags AAA gas

Copyright 2023 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Most Popular

Load more