Gas Prices Continue To Drop Despite Hurricane
As Hurricane Dorian pummels the east coast, economists predict gas prices will stay steady. AAA reported Wednesday morning that the price of crude oil is actually continuing to drop. The national average for a gallon of unleaded is $2.57. You’ll find the pinch at the pump is even less painful across the Four States. You’ll find prices as low as $2.13.
Gas prices are as much as nine cents cheaper in every state except California, (+5 cents), Florida (+4 cents), Ohio (+2 cents) and South Carolina (+1 cent).
Hurricane Dorian has been the driver for the increases in Florida and, most likely, South Carolina.
“As an east coast storm, Hurricane Dorian is not threatening major oil and gas infrastructure so its impact is localized to its path along the East Coast,” said Jeanette Casselano, AAA spokesperson. “For the rest of the country, demand, which remains high, is chipping away at supply, but not at a high enough rate to increase gas prices.”
Today’s national average is $2.57, which is a penny cheaper than last week, 14-cents less than a month ago and 26-cents cheaper than a year ago.
Quick Stats
- The nation’s top 10 least expensive markets are: Louisiana ($2.18), Mississippi ($2.18), Alabama ($2.21), South Carolina ($2.24), Arkansas ($2.25), Tennessee ($2.26), Oklahoma ($2.26), Missouri ($2.27), Texas ($2.27) and Virginia ($2.31).
- The nation’s top 10 largest weekly changes are: Washington, D.C. (-10 cents), Michigan (-9 cents), Delaware (-7 cents), California (+5 cents), Maryland (-5 cents), Texas (-5 cents), Florida (+4 cents), Nebraska (-4 cents), New Jersey (-4 cents) and Iowa (-3 cents).