Weekly gas roundup: Prices fall 6.8 cents in Alabama

Average gas prices in Alabama fell 6.8 cents a gallon over the past week, down to an average of $2.99 a gallon as of Monday, according to GasBuddy‘s survey of 3,348 gas stations in Alabama.

That’s 30.3 cents per gallon lower than this time last month and 35.7 cents lower than this time last year.

Nationally, prices fell 4.3 cents a gallon, down to an average of $3.33 a gallon. The national average price of diesel fell 7.7 cents over the past week, down to an average of $4.38 a gallon.

“The national average has resumed its decline after a pause last week as oil and wholesale gasoline prices fell on worrisome inflation figures showing the Fed likely to ramp up rates to slow inflation,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “For the weeks ahead, tradition tells us to expect prices to move up eventually, but that could be at least be partially offset by inflationary data that continues to be hotter than expected, leading to anxiety that the Fed will boost interest rates and cooling the economy and oil demand considerably.”

According to GasBuddy price reports:

• The cheapest gas station in Alabama was priced at $2.52 a gallon as of Sunday
• The most expensive gas station in Alabama was priced at $3.49 a gallon as of Sunday

Around Tuscaloosa, you can get gas as low as $2.78 a gallon. Check out where right here.