Gas prices return to pre-Hurricane Harvey levels

Gas prices return to pre-Hurricane Harvey levels

With millions of Americans traveling during the Christmas and New Year's holidays, experts do not believe there will be an increase in gas prices, but rather a potential decrease.

Average U.S. gas prices are at their lowest point since Hurricane Harvey hit 110 days ago and caused prices to rise, according to Patrick DeHaan, head of petroleum analysis for GasBuddy. Gas prices had fallen almost 14 cents in the last month, but were more 9 cents higher than a year ago. Gas prices are still higher than previous year after the Harvey-related refinery shutdowns sent them spiking across Texas. The U.S. average is almost 20 cents higher than this time a year ago.

The latest Triple-A Fuel Survey puts North Dakota's average at $2.46 a gallon.

So far this year, the highest average price in Florida was $2.73 on September 9 and the lowest was $2.13 on July 17.

In Florida, the most expensive average gas price was $2.52 in the West Palm Beach-Boca Raton area. The national average is down 2.4 cents per gallon in the last week from $2.45. Petersburg-Clearwater and Jacksonville regions.

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

AAA expects gasoline demand to weaken throughout the winter, which translates to better prices at the pump. The national average has gone up 18.4 cents since a year ago and is also down 11.9 cents since last month.

Related Articles