(May 30, 2018) Over the long holiday weekend, the national gas price average has held steady for five days at $2.97, signaling that prices may be stabilizing as we head into June. This development comes as crude oil prices start to fall following some of the highest prices in three-years, according to AAA.

“At the start of the holiday weekend, reports indicated that OPEC may raise production levels to help ease global supply concerns. The announcement immediately brought down the price of crude – which has dropped nearly $3/bbl since Thursday,” said Jeanette Casselano, AAA spokesperson.

“This is welcome news to motorists who have not only seen pump prices increase, on average, 16-cents since the beginning of May, but are paying the highest prices to fill up since 2014.”

Gas prices, however, remain very expensive. On the week, three states have been added to the list of states with a gas price average of $3 or more – making for 17 states in total. Another four states are just pennies away from joining this list, including Indiana, Maryland, New Mexico and Massachusetts.

Quick Stats

    The nation’s top 10 largest monthly increases are: Wisconsin (+27 cents), Colorado (+26 cents), Minnesota (+25 cents), North Dakota (+24 cents), Illinois (+23 cents), Wyoming (+23 cents), Michigan (+23 cents), Montana (+22 cents), New Mexico (+21 cents) and Connecticut (+20 cents).

    The nation’s top 10 most expensive markets are: California ($3.74), Hawaii ($3.71), Washington ($3.46), Alaska ($3.40), Oregon ($3.35), Nevada ($3.33), Idaho ($3.18), Connecticut ($3.15), Utah ($3.15) and Pennsylvania ($3.12).