The average price for a gallon of regular unleaded gas in Delaware is now $2.00 – the lowest in the region, and the lowest since 2016.
That average means some gas stations around the state are selling fuel at under $2.00, including several in Wilmington.
Kirk, a local landscaper, pulled up to the Wawa pumps on South DuPont Highway on Thursday to fill his Dodge Ram 1500. He also picked up several extra gallons for his lawn mowing business. But he has mixed emotions about the falling gas prices.
“Well, I think it’s good and it’s been way, you know. It’s great for the consumer but it’s bad for the economy when stuff drops that way. It’s just going to hurt us in the long run, I think. But I’m making out with the lower price for sure. I cut a couple of my neighbors’ lawns, so I decided to stock up on it while the gas is cheap,” said Kirk.
Price fluctuations are something Kirk pays special attention to. “I think the last time gas was below $2 a gallon was probably back 15 years ago. But I also remember when gas was $4 a gallon, too, and that was really bad,” he said.
The price drop reflects a continued downward trend that began in January, which has increased significantly in the past few weeks because of the impact of COVID-19 stifling demand globally, and the Saudi-Russian oil war pushing down the price of crude even further, said AAA Mid-Atlantic, which tracks gas prices closely.
The national gas price average is $2.08 today, 13 cents less than a week ago, 28 cents less than a month ago and 54 cents less than last year on this date.
Delaware Gas Prices
At $2.00 for a gallon of regular unleaded, Delaware’s average gas price is 11 cents less than a week ago, 38 cents less than a month ago, and 50 cents less than a year ago.
- The high price for 2020 was $2.43 – 1/7/20.
- The lowest price in 2016 was $1.61 – 2/25/16.
- Since Jan. 1, 2020, gas has dropped 39 cents.
- Since Feb. 1, gas has dropped 21 cents.
- Since March 1, gas has dropped 32 cents.