Denver gas prices fell 4.3 cents a gallon in the last week, averaging $3.28 a gallon on Sunday. The national average price for gas fell 4.1 cents a gallon in the last week to $3.32 a gallon, according to gas price website
Sunday’s gas prices were 68.2 cents per gallon higher than the same day last year, but are 15.6 cents a gallon lower than one month ago. The national average decreased 14.4 cents per gallon in the last month but is 46.3 cents per gallon higher than this time last year.
“The national average in the U.S. is at its lowest since February 25, but remains at record highs for this time of year,” said Senior Petroleum Analyst Patrick DeHaan. “While the downtrend in gasoline prices has certainly been welcome news for motorists, I see the trend short lived, and believe we may see continued volatility in the days ahead, but even with said volatility I do expect many Americans will see average prices between $3.25-$3.50 for the rest of 2011.”
