Gas prices down in RI, Mass. following holiday

Dec 28, 2017, 00:47
Gas prices down in RI, Mass. following holiday

Including the change in gas prices in Texas during the past week, prices yesterday were 12.1 cents per gallon higher than the same day one year ago and are 8.4 cents per gallon lower than a month ago.

Gasoline prices in MA continue to fall - this time three cents to $2.43 per gallon - after a spike due to a nasty hurricane season this fall. That's 2 cents cheaper than last week and about 7 cents less than a month ago.

Gasoline prices are ticking up to finish off the year in Florida and the Jacksonville area following a volatile 2017 of market fluctuations that saw wild gyrations in gas prices.

The recent bump should end a year surprisingly stable gas prices in Central Florida.

AAA says that the increase in demand is likely the cause because more drivers are on the road as they travel home from the holidays.

GasBuddy blamed the increase on refinery outages in the Midwest, but said easing demand as the weather gets colder and Americans drive less could lower gas prices in the near future. Across Florida, the state average for a gallon of regular unleaded gasoline stood at $2.37 as of Wednesday morning.

Tennessee: the highest average price was $2.60 on September 10.

Patrick DeHaan, head of petroleum analysis for GasBuddy, said following the heavy travel period over Christmas, gas prices could moderate in the days ahead.

You can find the latest price movements here.

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