U.S. average gasoline price falls below $2.00 per gallon for first time since 2009">U.S. average gasoline price falls below $2.00 per gallon for first time since 2009
(Thu, 14 Jan 2016) Based on EIA's weekly survey of gasoline prices, the U.S. average retail price for regular gasoline fell to $1.996 per gallon (gal) on January 11, falling below $2.00/gal for the first time since March 23, 2009. The U.S. average retail regular gasoline price had last approached, but not gone below, the $2.00 mark in early 2015. Falling gasoline prices are a result of falling crude oil prices and the seasonal slowdown in gasoline demand.
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