Gas Prices Decreasing After Hurricanes Harvey And Irma

AAA Three factors driving gas prices down

Tennessee's average gas prices have declined steadily for the last two weeks by a total of 8 cents since peaking at $2.60 on September 10. "Gas prices in the southeastern US should drop another 5-10 cents this week".

Houston-area fuel prices are down to $2.42 for a gallon of regular unleaded, which is a 3-cent dip in the last week, while the national average is down 5 cents to about $2.56.

AAA Michigan says gas prices statewide have fallen by about 12 cents per gallon in the past week.

Nationally, gasoline prices also dropped, falling 6 cents to $2.55.

"Many motorists have asked why all gas prices haven't come back down to pre-Harvey levels, and while the answer is complex, in 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", said Patrick DeHaan, senior petroleum analyst for GasBuddy.

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That's good news for travelers seeking to get in a road trip before winter.

The least expensive gas price averages in Florida are in Pensacola ($2.60), Tallahassee ($2.60) and Tampa-St. It's the second week in a row the Saginaw, Bay City and Midland areas had the lowest and the Marquette area had the highest.

In addition to MI and DE, states with the top price decreases in the last week: ME, 9 cents; in, 9 cents, Illinois, 8 cents; Kentucky, 7 cents; New Jersey, 7 cents; OH, 7 cents; Maryland, 6 cents, and Virginia, 5 cents.

The most expensive gas price averages in Florida are in West Palm Beach-Boca Raton ($2.76), Miami ($2.73) and Fort Lauderdale ($2.71).

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