You can now read 5 articles in a month for free on Read as much as you want anywhere and anytime for just 99¢.

Expect lower gas prices heading into holiday

Residents in some parts of the United States may see gas pump prices fall to around $3.25 a gallon or less in the next week or two. Even West Coast drivers should get some relief from prices that are still above $4 a gallon.

Retail gasoline prices dropped by a penny to a national average of $3.71 per gallon Friday. That’s 22 cents less than the high of $3.94 per gallon reached in early April.

Continue reading below

Prices should continue to decline heading into the Memorial Day weekend, when the national average is expected to be around $3.60 per gallon, analysts said.

Lower oil prices and weaker demand, as consumers watch their spending in the sluggish economic recovery, are the main reasons for the drop cited by industry analysts.

Motorists on the West Coast, in Illinois and in New York are paying the most for gas — from $3.83 to $4.54 per gallon — according to AAA, Wright Express, and the Oil Price Information Service.

The lowest prices, from $3.39 to $3.51 per gallon, were in the South and parts of the Midwest.

Loading comments...
Want each day's news headlines delivered fresh to your
inbox every morning? Just connect with us
in one of the following ways:
Please enter a valid email will never post anything without asking.
Privacy Policy
Subscriber Log In

You have reached the limit of 5 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week
Marketing image of
Marketing image of