MSNBC.COM - Fiscal woes in Europe and sluggish job growth in the United States have put downward pressures on oil prices. As a result, gasoline prices declined in all but two states over the past month, dropping 7.1 percent across the country. In many of these, gas prices are on the verge of falling below $3.00 per gallon.
Despite the overall decline, the
range between gas prices among states is still wide. 24/7 Wall
St. examined AAA's Daily Fuel Gauge Report to determine the 10 states
whose residents pay the least at the pump. We found that the most
decisive factor in determining gas prices is location. Most of the
states with low gas prices are located on or near the Gulf of Mexico.
They also have among the lowest gas taxes in the country. click here to read more