Gas Prices Fall Across Multiple US States Amid Price Cycling

Gasoline prices across various states in the U.S. have continued to decline over the past week, reflecting a national trend of falling fuel costs. Arkansas motorists saw prices drop by about six cents per gallon to an average of $2.74, while Chattanooga experienced a larger decrease of 6.9 cents to an average of $2.64 per gallon. Columbus, Ohio, reported gas prices falling below $3 per gallon, averaging $2.96, marking a 13-cent drop from the previous week. Michigan prices decreased by 12 cents to an average of $3.15 per gallon, with metro Detroit seeing a slight decline as well. Pennsylvania gas prices fell by 3.8 cents to an average of $3.21 per gallon. These declines coincide with a notable drop in oil prices, which fell more than $2 per barrel, although some states affected by price cycling continue to experience volatility and localized price increases. Overall, the national average price of gasoline has decreased slightly to around $3.09 per gallon, down approximately 11 to 12 cents from the previous month and about 38 cents lower than a year ago.