RICHMOND, Va. (WNEW/AP) — The auto club says the average price of a gallon of gas has dipped below the $2 mark.

The AAA Mid-Atlantic reported Monday the $1.99 price of a gallon of unleaded gas is the lowest pump price in the state since May 2009.

“If gasoline prices remain this low in the state, the average household or family in Virginia will save about $2,000 on gasoline purchases in 2015, compared to last year,” said AAA Mid-Atlantic’s Manager of Public and Government Affairs John B. Townsend II.

For the first time in years, Virginia has become the first state in the Mid-Atlantic region posting an average statewide retail gas price below $2 per gallon, says AAA Mid-Atlantic.

The Triple A says 24 other states are reporting sub-$2 fuel prices, with more expected to join.

The auto club says average fuel prices around the state range from $1.91 in the Richmond area to $2.01 in Norfolk. Nationally, motorists are paying $2.06 cents for a gallon of unleaded.

Virginia motorists are paying an average price at the pump today that is more than forty percent lower than the peak experienced in April last year at $3.52 per gallon.

Today’s price is 6 cents less than one week ago, 35 cents less than one month ago and $1.20 less than one year ago.

In contrast, at $2.48 per gallon, Washington, D.C. remains one of the most expensive markets in the nation to purchase gas.

Motorists across the Washington metro area are paying an average of $2.18 per gallon. The statewide average price at self-serve gasoline kiosks in Maryland is $2.19 a gallon.

 

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(TM and Copyright 2015 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO and EYE Logo TM and Copyright 2015 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.)

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