Local gas prices retreat to pre-Harvey levels

Local gas prices retreat to pre-Harvey levels

Local gas prices retreat to pre-Harvey levels

Gas prices for the year-end holidays should be on par with, and possibly lower than, last year, AAA said. But fuel prices have dropped steadily from the August peak reached after Hurricane Harvey hit the Gulf Coast and are down by 11.3 cents per gallon in Chattanooga from where they were a month ago.

Meanwhile in South Florida, prices under $2.30 can be commonly found in competitive areas, including in Lake Worth along Lake Worth Road, Military Trail, Congress Avenue and 10th Avenue North, a check of the price-comparison website GasBuddy.com revealed. It was also just before Labor Day weekend, as Florida residents kept their eyes peeled on Hurricane Irma's forecast path.

Ohio's gas prices were down 8.1 cents since last week's average.

By Christmas, prices in Florida should be on par with what they were past year - $2.32 - if they continue falling at a rate of about a penny a day, Jenkins said.

The national average price for regular unleaded was $2.43, AAA reported, down 3 cents over the week.

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There is still a potential for further reductions in price.

Adding to the declining trend, USA refineries switch late in the year to a winter blend of gasoline, which is less expensive to make because more steps are needed with the summer blend to prevent excessive evaporation.

The most expensive gas price averages in Florida are in West Palm Beach-Boca Raton ($2.52) and Miami ($2.50). Petersburg-Clearwater and Jacksonville regions.

Gas prices are dropping a little since last week in MI, and just in time for holiday travel!

AAA expects gasoline demand to weaken throughout the winter, which translates to better prices at the pump. The price is 16 cents higher than a year ago.

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