(The Center Square) - The average gas price in Colorado sits nearly 20 cents below the national average, data from AAA shows.
The average price for a gallon of regular gas in the state is $3.60 as of Monday, while the national average is $3.79. Colorado's average gas price is 9 cents lower than this time last week, according to AAA.
AAA analysts attributed a 9-cent drop in the national gas average to declining oil prices.
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"Global recession fears coupled with the Biden Administration's plan to continue tapping the Strategic Petroleum Reserve into December has helped temper oil prices," AAA spokesman Andrew Gross said in a statement. "This will help take the pressure off pump prices, benefitting drivers and their wallets."
Colorado's highest gas average is $4.05 in Vail, while its lowest is $3.43 in Greeley, according to AAA.
The state's highest average on record was $4.92 in June.
