Gas prices are declined a cent or two a day, but seen a week at a time, those price decreases are looking mighty good.
A gallon of regular no-lead is average 2 cents less in the five-county Philadelphia region, with the price slipped overnight to $1.80, according to AAA Mid-Atlantic. That price was 12 cents higher a week ago, and $4.16 as of June 20.
In South Jersey, the average was down a cent overnight, to $1.54. That price was 12 cents higher a week ago, and hit a high of $4 on June 15.
The national average stayed the same, at $1.66, but that's down 11 cents from a week ago and down from a high of $4.11 on July 6.
Today, only two states - Alaska and Hawaii - have an average price topping $2 a gallon.
Diesel prices also moved overnight: down 1 cent, to $2.85, in the Philly area; down 2 cents, to $2.52, in South Jersey; and down 1 cent, to $2.58, at the national level.
Meanwhile, oil prices fell below $45 a barrel today in reaction to fresh evidence of the U.S. recession and news that a $14 billion emergency bailout for U.S. automakers had collapsed in the Senate.