Gas prices continue to fall, returning to levels last seen more than four years ago.
The average price for a gallon of gas in the Bellingham metro area fell below $3 on Tuesday, Dec. 9, settling in at $2.97, according to AAA Washington’s Daily Fuel Gauge report. While it’s unclear when the last time Bellingham was below $3 a gallon, data indicates the last time the state average was around this level was in the fall of 2010.
Bellingham’s average gas price is down 11 cents from a week ago and down 39 cents compared to a year ago.
This area typically has the highest average price among major Washington metro areas, but that’s not the case right now. Seattle has the highest average, coming in at $3.04 a gallon. Spokane has the least expensive gas in Washington, averaging $2.81 a gallon.
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Diesel prices also are dropping. The average diesel price in Bellingham was $3.44 a gallon on Dec. 9, down 13 cents from a week ago and down 53 cents from a year ago.
Prices are expected to continue dropping into early 2015, barring any production problems, said Jennifer Cook of AAA Washington. Dropping crude oil prices are a big factor in what is happening to gas prices, she said.
The price of gas in Washington usually begins rising again in the spring, peaking in early summer.