Gas Prices Trending Downwards

Fuel currently defying the conventional summer price hike

Though we are right smack in the middle of July, a time of vacationing and road trips for millions of Americans, gas prices are remaining relatively cheap.

As of Monday morning, the average price for a gallon of regular unleaded gasoline was $3.631, which is up slightly over yesterday's average of $3.627, but is noticeably less than the average one month ago, $3.714.

Gas prices tend to trend up in the summer, as demand is usually higher. With many people vacationing during the Fourth of July, Memorial Day and Labor Day holidays, gas station owners can generally get away with charging more per gallon.

This summer, however, seems to be bucking that trend, which is great news for travelers and the economy.

Gas remains most expensive in the typical spots. Drivers in states such as California, Michigan, New York and Hawaii can expect to pay between $4.071 and $3.748 per gallon. Commuters in southern states, however, won't feel nearly the amount of pain at the pump, as average prices in states like Texas, Louisiana, Arizona and Tennessee are currently between $3.521 and $3.371.

In order to find the cheapest gas near you, check out the AOL Autos Gas Prices page. Average prices may be down, but that doesn't mean you shouldn't shop around for the best deal.

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