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According to a GasBuddy survey of 2,158 Colorado gas stations, average gasoline prices have increased 8.7 cents per gallon over the past week, averaging $3.38/g today. Colorado prices are 10.1 cents per gallon higher than a month ago and 60.5 cents per gallon lower than a year ago. The national average price for diesel has decreased 2.6 cents over the past week, to $3.69 per gallon – the lowest in 940 days.
According to GasBuddy’s price reports, the cheapest gas station in Colorado yesterday was $2.83/g, while the most expensive was $4.29/g, for a difference of $1.46/g. The lowest price in the state yesterday was $2.83/g, while the highest was $4.29/g, for a difference of $1.46/g.
In the Aspen area, according to AutoBlog, regular gasoline cost $4.99 at the Main Street station, $5.11 at the ABC station, $5.19 in Snowmass Village, $3.91 in Aspen Woody Creek and $4.79 at the Highway 82 turnoff to Old Snowmass.
The national average price of gasoline fell 4.2 cents per gallon over the past week, averaging $3.37 per gallon today. The national average is down 11.4 cents per gallon from last month and is 47.8 cents per gallon lower than last year, according to data from GasBuddy compiled from more than 11 million weekly price reports from over 150,000 gas stations across the country.
Historical gasoline prices in Colorado and the national average for the last 10 years:
August 19, 2023: $3.99/g (US average: $3.84/g)
August 19, 2022: $3.87/g (US average: $3.89/g)
August 19, 2021: $3.66/g (US average: $3.16/g)
August 19, 2020: $2.41/g (US average: $2.17/g)
August 19, 2019: $2.66/g (US average: $2.60/g)
August 19, 2018: $2.87/g (US average: $2.82/g)
August 19, 2017: $2.36/g (US average: $2.32/g)
August 19, 2016: $2.10/g (US average: $2.15/g)
August 19, 2015: $2.86/g (US average: $2.66/g)
August 19, 2014: $3.66/g (US average: $3.44/g)
Neighbouring towns and their current gas prices:
Fort Collins – $3.32/g, up 8.7 cents per gallon from the previous week’s $3.23/g.
Colorado Springs – $3.32/g, up 13.2 cents per gallon from the previous week’s $3.19/g.
Denver – $3.35/g, up 10.3 cents per gallon from the previous week’s $3.24/g.
“Gasoline and diesel prices continue to fall across much of the country as summer demand wanes. Lower demand in other oil-consuming countries is also adding to the downward pressure on pump prices as we approach Labor Day,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “With little new action in the Middle East to drive up prices and Hurricane Ernesto still far out at sea, it looks like the downward trend could continue in the coming week. As more schools reopen, gasoline demand is likely to continue to wane. With the switch to winter gasoline beginning in most parts of the country in less than a month, gasoline prices will soon begin their seasonal cooldown – just as temperatures will soon.”
