Wednesday, 25 April, 2018

Gas Price and Usage on the Decline

Premium fuel 91 octane isn't absolutely necessary. AAA
Marlene Weaver | 12 December, 2017, 01:12

Monday's national average price for regular unleaded gasoline is $2.46 per gallon, down two cents since last week.

Statewide, prices at the pump averaged $2.41 per gallon, 3 cents less than last week but 19 cents higher than this time a year ago.

The top ten states with the largest weekly changes are: IN (+11 cents), MI (+8 cents), Kentucky (-6 cents), OH (+4 cents), DE (-4 cents), ME (-4 cents), Kansas (-4 cents), Iowa (-4 cents), Wisconsin (-4 cents) and New Mexico (-3 cents).

AAA says gas prices are expected to drop as supply strengthens and the demand for gasoline weakens throughout the winter. "Look for another week of declines as refineries continue to produce gasoline at a much higher rate than what is being consumed". In addition, refiners cranked up production to 93.8 percent of capacity, likely contributing to the large 6.8 million barrel rise in gasoline inventories.

Shea Patterson to MI : 5 things to know about Wolverines' new QB
Patterson, a Toledo native, was the No. 1-ranked pro-style quarterback in the class of 2016, the same class as Brandon Peters . The sophomore spent his senior year at prep powerhouse IMG Academy in Bradenton, Fla.

Gasoline prices are poised to point lower for at least the early portion of the week ahead, while any rebound in oil prices could affect retail gasoline prices toward the weekend.

Of the 10 Kansas cities regularly highlighted by AAA Kansas (see chart above), all saw gas price declines this week, with the largest drops being Hays (-12 cents), Garden City (-9), and Emporia, Kansas City, Kan. and Wichita (all at -5). In Jacksonville, Orlando and Tampa-St.

With the holidays approaching, gas prices across the Sunshine State continue to drop. Today, gas prices have decreased six cents, which is the largest decrease of any state in the country on the week.

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