Gas prices to keep dropping over next several weeks

Gas Prices Down Again at the Pump in Columbia

AAA: Gas Prices Falling, Largest Drop Last Week In Florida Was in Brevard County Area

Gas prices in Florida continue to drop as the Sunshine State puts the impacts of hurricanes behind it.

GasBuddy reports retail gasoline in Macon averaged $2.29 per gallon Sunday, which is 26.5 cents per gallon lower than last month, but it's still 16.3 cents higher than October 22, 2016.

"The national average gas price is lower for the sixth straight week, the longest such decline since the summer of 2016", said Patrick DeHaan, head of petroleum analysis for GasBuddy. That's below the national average which was $2.47 per gallon on Sunday. That's 6 cents below a week earlier and 27 cents below a month a earlier.

National gas prices are even lower at $2.45 cents per gallon.

The least expensive gas price averages in Florida are in Tampa-St.

"Motorists should expect another round of discounts at the pump this week", said Mark Jenkins, spokesman for AAA.

The price of gasoline hasn't changed much in northern New England.

Gas inventories are continuing to increase after Hurricane Harvey.

Prices fell more sharply in markets north of the tri-county region, including Jacksonville [7-cent drop], Orlando, Tampa, Daytona Beach, and Sarasota [5-cent drops]. However, things are moving in the right direction, with gas prices dropping 30 cents in Florida over the past five weeks. Oil prices, meanwhile, gained nearly a dollar last week after the EIA reported a 5.7 million barrel decline in oil supply and a drop in production of 1 million barrels per day.

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