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Anchorage Weekly Gas Price Update and Outlook- June 17

Anchorage, June 17- Average retail gasoline prices in Anchorage have fallen 0.4 cents per gallon in the past week, averaging $3.94/g yesterday, according to GasBuddy's daily survey of 86 gas outlets in Anchorage. This compares with the national average that has fallen 2.1 cents per gallon in the last week to $3.61/g, according to gasoline price website GasBuddy.com. 
Including the change in gas prices in Anchorage during the past week, prices yesterday were 22.4 cents per gallon lower than the same day one year ago and are 4.0 cents per gallon lower than a month ago. The national average has decreased 5.0 cents per gallon during the last month and stands 8.0 cents per gallon higher than this day one year ago. 
"The national average has continued its downward decline in the last week, likely being helped by relief in the Great Lakes, a region that had been plagued with refining issues that have seemingly been resolved," said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan. "While the national average stands higher than it did a year ago, we likely will see the average decline, and for motorists in the Great Lakes, the downward trend should mean well needed relief at the pump. Areas of California may see prices rising slightly in the days ahead, but at this time we aren't seeing any short term price spikes across the United States," DeHaan said.
About GasBuddy
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 25 million times to help motorists find the lowest gasoline prices in their area.

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