Ohio gas prices drop again, to average of $2.12 for regular

Gas Prices Continue to Drop Across Florida

Gas Prices Continue to Drop Across Florida

Gas prices in MA have dropped by five cents this week. Those prices should continue to drp to a new 2017 low in the next day or two, analysts predict. If the price dips below that, it would the lowest average since December.

Fill up at Rocket Fuel on Flagler St. for a cheap $1.97 per gallon, the Gas Express across the street for $1.99 per gallon, or head to BJ's on Coral Way for just $2.13.

The lower prices are being driven by continued declines in crude oil prices.

Florida ranked fifth among states with the biggest weekly decline, according to AAA. Nationally, prices were 6 cents lower than previous year and 7 cents lower than last month.

Daily local news headlines from across Gwinnett County.

Georgia gas prices should hit their lowest point of 2017 early this week, AAA projected. High oil production rates in the USA and lower demand could lead to gas prices continuing to fall through the end of June. That average is 3.5 cents less than a week ago and six cents less than past year.

Nearly every state is seeing averages that are less than a year ago, thanks to "an unexpected buildup of crude oil last week combined with ongoing high gasoline production runs, an increase in gasoline stocks and a drop in gasoline demand", AAA said in a news release last week.

"The risk is that oil prices could bounce back", he says. That's 12.4 cents less than a week ago.

Crude oil prices hit an eight-month low last week at $44.46.

"Oil and gas prices would rise if either of these develop into a major storm, move into the Gulf of Mexico, and threaten supply coming from refineries along the Gulf Coast", Jenkins said.

AAA Mobile app - Free app that shows current prices at a gas station near you.

At this time in 2016, the average price was $2.245 per gallon for regular.

The highest average price in Florida, so far this year, is $2.47 on April 21; the lowest is $2.26 on March 20.

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