Gas prices decreasing to pre-Harvey levels

Gas prices decreasing to pre-Harvey levels

Gas prices decreasing to pre-Harvey levels

Still, almost two months after the Category 4 hurricane made landfall in Texas and triggered widespread cost spikes, prices remain well above normal for late October. Nationally, prices dropped by 1.6 cents per gallon to $2.44 per gallon. According to, stations in both Columbus and Starkville are selling gas as low as $2.09 per gallon, although the price ranges as high as $2.23 at some retailers. In Mississippi, the statewide average peaked at $2.49 about two weeks after the hurricane and have been declining since, Redman said.

Gas prices in the Orlando area continue to march downward, dropping by a dime during the last week.

The national average has only dropped 1.6 cents in the last week.

The least expensive gas price averages in Florida on Monday were in Tampa-St.

"Motorists should expect another round of discounts at the pump this week", said Mark Jenkins, spokesman, AAA - The Auto Club Group.

Since the peak, prices have dropped 40 cents a gallon, or about a penny a day. Wholesale prices in the Great Lakes are 20 cents higher than along the Gulf Coast, where they are lowest, DeHaan said. All average retail prices in this report are for a gallon of regular, unleaded gasoline.

Barring some unforeseen disruption in production/supply, Redman said fuel prices should continue to fall now that the transition to winter fuel is complete.

That results in rocky gas prices in the Orlando area.

The Department of Energy reported oil supplies and production were down slightly during the last week.

"Perhaps even more wild is that the national average has now remained under $3 for almost three years, or 1, 087 days as the days of cheap oil have continued", DeHaan said in a news release.

Gas prices are still higher than the $2.17 best of August, but consumers should be happy there has been more than three years of fuel stability, said Patrick DeHaan, senior petroleum analyst for GasBuddy.

Related news

[an error occurred while processing the directive]