Here's how much Gulf Coast region gas prices declined from last week
Gas prices in the Gulf Coast region dropped to an average of $2. 56 per gallon on Monday, down from $2. 62 the previous week. This decline of 16 cents since last month is part of a broader trend, as prices are also 6% lower than the average of $2. 72 per gallon a year ago.
The average national gas price was $3. 02, making Gulf Coast prices about 15. 3% lower than the national average. The U. S.
Energy Information Administration noted that fuel prices in the Gulf Coast states have fluctuated between $2. 56 and $2. 84 over the last year. These price changes directly affect consumers and could influence spending patterns in the region. The Gulf Coast includes states such as Texas, Louisiana, and Alabama, where local economies rely heavily on fuel prices.
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