Washington's fuel prices plunge at the third-fastest rate in America

Washington's gas prices fell at the third-fastest rate in the past year in the United States, a new study finds.  

Coupon site Bountii analyzed data from AAA Gas Prices on the average cost of a gallon of regular fuel, midgrade fuel, premium fuel, and diesel in 474 cities across America on June 10th, 2023, and June 10th, 2024. Each city was rated for the cost of four fuel types, and an average ranking was created from the biggest reduction in prices to the smallest. The states with the biggest reduction in fuel prices over the past 12 months were then determined based on the average fuel price declines in their cities.

Washington has seen the third-largest fall in fuel prices across America over the last year. The average cost of a gallon of regular fuel has gone from $4.72 to $4.29, only less than Utah and Arizona. Motorists in Washington are now spending significantly less on midgrade fuel and diesel as well, which dropped by $0.41 and $0.46 per gallon. Spokane is where fuel prices have fallen most in the state, and second overall nationwide, with a gallon of regular fuel dropping from $4.68 to $3.94.

Utah came out on top as the state with the biggest decline in fuel prices. The annual price drop of a gallon of regular, midgrade, and premium gas is the highest in the nation, at $0.72, $0.73, and $0.70, respectively.