Gas prices decline from record high

Gas prices retreated from record highs this week, dropping a modest 2 cents for the average price of regular unleaded gasoline across the state, from the July 19 record of $2.37 per gallon to $2.35 on July 27.

According to AAA Mid-Atlantic, nationwide, prices have fallen off 3 cents from the record average attained July 14 at $2.32, down to $2.29 as of July 27.

Both nationally and across the state, average prices remain nearly 40 cents above the price per gallon from one year ago. Both figures were $1.90 on July 27, 2004. The trend for the last month has been toward a strong increase in average prices — up 9 cents nationally and 14 cents statewide.

Delaware’s average prices remain well above the national average, topping that number by 6 cents per gallon, while average prices in Pennsylvania and New Jersey matched the national average as of July 27.

Prices in the five-county Philadelphia region have generally topped both Delaware and national numbers, hitting a record high of $2.42 on July 19 and retreating a mere penny this week. Prices in Maryland remain below those in Delaware, hitting $2.33 on July 27 — 2 cents below the Delaware average.