GasBuddy: Gasoline Price Factoids

GasBuddy has assembled several interesting gasoline price facts for this week:

1. As of October 15, the US average has had a streak of 70 consecutive days where the price was lower than the same day last year. On August 6, 2013, the US average of $3.628 gal was the last time the country saw a price higher than last year on the same date. (On August 6, 2012, the average was $3.619 gal.)

2. Less than 1 percent of the country is over $4.00 gal; last year at this time, 15 percent of the United States saw prices over $4.00 gal.

3. Across the country, the average difference between the highest 1 percent of stations ($4.140 gal) and the lowest 1 percent of stations ($2.944 gal) is only $1.196 gal, a smaller differential than last week ($1.256 gal,) last month ($1.241 gal,) and last year ($1.508 gal.)

4. There are six states with over 1 percent of stations reporting gas stations with prices over $4.00 gal: Connecticut (1.2 percent,) New York (1.3 percent,) Nevada (1.4 percent,) California (4.32 percent,) Alaska (24.1 percent,) and Hawaii (95.1 percent.) Alaska and Hawaii both have nearly 2 percent of stations over $4.50 gal. Last year, there were only four states that reported no stations over $4.00 gal: Delaware, Mississippi, Tennessee, and Indiana.

5. There are three states where the most common price is under $3.00 gal: Missouri, Nebraska, and Oklahoma, all at $2.999 gal. (Hawaii is the only state with a most common price over $4.00 gal at $4.059 gal.) Last year, there weren’t any states with a most common price under $3.00 gal.

6. Not surprisingly, Hawaii’s highest 1 percent of stations is averaging the highest price at $5.112 gal. This is also the only state where the highest 1 percent is over $5.00 gal. Meanwhile, Oklahoma has the lowest 1 percent of stations averaging the least expensive price, at $2.871 gal.

7. At 42 percent, Missouri has the most stations under $3.00 gal; last week, only 26 percent of the stations in the state could say the same. Oklahoma has the second most stations reporting prices that low, with 24 percent of them under $3.00 gal.