Gas Prices Continue to Dip — AAA Survey

20 December, 2017, 01:22 | Author: Leticia Riley
  • Baton Rouge gas prices have fallen as Christmas travel approaches

According to a weekly retail market report from AAA, that means the price at the pump should continue to slide as the holidays approach.

On the national level, the average price this week for a gallon of gas dropped just over 12 cents from a month ago.

But they've been declining for five straight weeks, as refineries produce more gasoline than motorists are consuming, leaving markets oversupplied, AAA spokesman Mark Jenkins said. In Pennsylvania, the average gallon of gas was $2.44.

Gas prices in Rhode Island are nine cents above the national average of $2.43 per gallon, and MA is three cents above the national average. "AAA forecasts a record-setting 97.4 million Americans will take a road trip during the final 10 days of the year".

Though the gas price will be the highest in years, it's also down from where prices were at Thanksgiving.

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Statewide, prices at the pump averaged $2.38 on Sunday, down 3 cents over the week and the lowest since August 30.

East Coast and Midwest states are seeing the largest drops in gas prices - as much as six cents, while a small number of states have seen increases: in (+11 cents), MI (+8 cents), OH (+4 cents).

States with the highest average gas prices: Hawaii ($3.25), California ($3.13), Alaska ($3.12), Washington ($2.91), OR ($2.74), Pennsylvania ($2.71), Nevada ($2.71), CT ($2.68), NY ($2.64) and Montana ($2.60).

Christmas Day gas prices are expected to be the highest since 2013, according to a projection from GasBuddy.

The Sam's Club station on Lee Highway is selling the cheapest gas in Tennessee at $1.93 per gallon.

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