Florida Gas Prices Drop to Lowest Since August: AAA
20 December, 2017, 01:20 | Author: Earnest Huff
Across the country, the largest changes in average gas prices by state: MI (-8 cents), OH (-8 cents), Kentucky (-6 cents), Louisiana (-5 cents), Missouri (-5 cents), North Dakota (-5 cents), DE (-5 cents), OR (-4 cents), SC (-4 cents) and MS (-4 cents).
August 30 is the date when gas prices began to rise in anticipation of Hurricane Harvey and the effect it would have on refineries in the Gulf Coast. The Florida average is falling at a rate of a penny per day.
"More than 97 million Americans will begin to hit the road this week for the holidays - the most ever on record", said Jeanette Casselano, AAA spokesperson. Gas prices have decreased 28.9 cents from last month's average and have decreased by 10 cents from last year's average.
"We can thank USA oil production, which has come a long way in the last five years", DeHaan said. IN was the lone state with prices advancing an average of 3.6 cents per gallon due to price cycling last week Tuesday.
There is still a potential for further reductions in price. In Pennsylvania, the average gallon of gas was $2.44. The averages fell 3 cents in Florida to $2.37 and 4 cents in Georgia to $2.28. The cheapest was $2.30 in the Tampa-St. The busy holiday driving season will continue to be the most expensive in years as prices remain high after Hurricane Harvey.
"As long as demand for gasoline continues to weaken, gasoline inventories will continue growing and it'll be the gift that keeps on giving", he said.
Florida gas prices average $2.38 on Sunday, 13 cents less than a month ago and 6 cents more than this time previous year.
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