(May 3, 2017) Gas prices have dropped slowly on the week, according to statistics released by AAA on Monday. Monday's national average price for a gallon of regular unleaded gasoline is $2.39, a three cents drop from one week ago; however, it is an increase of nine cents over last month and 18 cents more than this time last year.

One year ago, the country was experiencing higher consumer demand and prices were increasing. Fast forward to today, consumers are still experiencing higher gas prices over last year due to the OPEC agreement, but we are not seeing substantial increases at the pump due to increased gasoline inventories and low demand across the country.

Quick Stats

    • The nation’s top 10 least expensive markets are: South Carolina ($2.09), Oklahoma ($2.10), Mississippi ($2.15), Tennessee ($2.15), Arkansas ($2.15), Alabama ($2.16), Missouri ($2.18), Louisiana ($2.18), Virginia ($2.20) and Kansas ($2.22).

   • The nation’s top 10 markets with the largest weekly decreases include: Indiana (- 13 cents), Ohio (-10 cents), Michigan (-10 cents), Kentucky (-7 cents), Illinois (-6 cents), Oklahoma (-5 cents), Delaware (-4 cents), Florida (-4 cents), Kansas (-4 cents) and Wisconsin (-4 cents).