Gas prices on slow decline following Hurricane Harvey

Fuel prices maintain slow decline

Fuel prices maintain slow decline

AAA Northeast reports Monday that the average price of self-serve, regular in MA has dropped 3 cents in the past week to $2.62 per gallon. AAA put the average at $2.73 while GasBuddy.com put the Miami average at $2.71, down 3.9 cents from where its average last week.

"If it weren't for the recent hurricanes, gas prices would be about 25 cents lower", said Mark Jenkins, spokesperson for AAA.

AAA, which also tracks gas prices, said MI had the second biggest drop in weekly average daily gas price, with a 12-cent decline.

A month after gasoline prices soared after Hurricane Harvey struck Texas, the cost of gas in Rhode Island and MA is trickling down. On Sunday, gas prices averaged $2.52.

The average price in Florida has declined for the last 10 consecutive days for a total of five cents, since peaking at $2.73 on September 14. But Patrick DeHaan, senior petroleum analyst for GasBuddy, said gas prices this fall should continue to decline as refineries replenish inventories and deliveries get back to normal across the Southeast.

PGA Tour Championship: Justin Thomas' eagle nets 3-way tie at top
Jordan Spieth and world No. 1 Dustin Johnson are four shots off the lead at three-under 137. McCarron had seven birdies and an eagle to finish his round just ahead of Bernhard Langer.

The price is still 60 cents higher than this time a year ago and 32 cents higher than this time a month ago.

"(I) n short, it will take weeks or months to see gasoline inventories recover fully, but prices will continue to slowly drift lower as inventories slowly improve", DeHaan said.

The least expensive gas price averages in Florida are in Pensacola ($2.60), Tallahassee ($2.60) and Tampa-St.

AAA Michigan surveys daily fuel prices at 2,800 gas stations across the state.

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