The national average for a gallon of gasoline fell to $4.80, down eight cents over the past week. The primary reason for the decline is lower demand at the pump as fewer people fueled up over the past two weeks. The lull, however, could end with the arrival of the summer driving season. 

“Domestic gasoline demand dipped recently, which took some of the pressure off of pump prices. About 80% of stations are now selling regular for under $5 a gallon,” said Mary Maguire, AAA Northeast Director of Public and Government Affairs. "But July is typically the heaviest month for demand as more Americans hit the road, so this trend of easing prices may very well be short-lived."

AAA Northeast’s July 5 survey of fuel prices found the current national average to be 8 cents lower than last week ($4.88), averaging $4.80 a gallon. Today’s national average price is 4 cents lower than a month ago ($4.84), and $1.67 higher than this day last year ($3.13).