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Anchorage Weekly Gas Price Update and Outlook - April 23

Anchorage, April 23- Average retail gasoline prices in Anchorage have fallen 0.5 cents per gallon in the past week, averaging $4.25/g yesterday. This compares with the national average that has fallen 4.2 cents per gallon in the last week to $3.85/g, according to gasoline price website AnchorageGasPrices.com.

Including the change in gas prices in Anchorage during the past week, prices yesterday were 12.3 cents per gallon higher than the same day one year ago and are 3.7 cents per gallon higher than a month ago. The national average has decreased 0.7 cents per gallon during the last month and stands 1.5 cents per gallon higher than this day one year ago.

"Average gasoline prices nationally continue to slowly drop," said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan. "I'll go on the record and say that come Wednesday, I expect the national average in the U.S. will actually be lower than it was on the same day in 2011. Perhaps looking at the big picture with prices having failed to reach new records so far in 2012, we can restore some gas-sanity in this country. Prices go up and down every year, every season, regardless of who's name is on the ballot," DeHaan said.

About AnchorageGasPrices.com

GasBuddy operates AnchorageGasPrices.com and over 250 similar websites that track gasoline prices at over 140,000 gasoline stations in the United States and Canada. In addition, GasBuddy offers a free smartphone app which has been downloaded over 20 million times to help motorists find gasoline prices in their area.

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