Harvey knocked out almost 25 percent of the nation's oil refining capacity to produce fuel, including more than a dozen major refineries along the Texas coast, but all but two of them are at least beginning to come back online. The price in Vermont was down 2.8 cents in the past week, to 2.71 per gallon.
After Hurricane Harvey pushed up gas prices by almost 50 cents per gallon in the previous three weeks, Chattanooga motorists got a slight reprieve in the price of fuel at the pump last week and should enjoy lower prices as markets stabilize this fall, GasBuddy.com said today.
The national average has increased 27.9 cents per gallon during the last month and is 40.4 cents higher for the same day a year ago. Brent crude, the standard for global oil prices, gained 15 cents to $55.62 a barrel in London.
Gas prices are beginning to creep down a bit after the spike that followed Hurricanes Harvey and Irma, but with two more hurricanes on the way, will drivers experience more pain at the pump?
South Florida motorists are looking at higher prices at the pump than other residents of the Sunshine State.
According to the latest statistics from the U.S. Energy Information Administration, both hurricanes led to higher than average gas prices over the last couple of weeks.More news: Toys R Us Could File For Bankruptcy Ahead Of Christmas Season
"Gas prices are poised to plummet 30 cents", Jenkins continued. Plus, the threat of any new storms making landfall in the United States would compromise the collapse.
Florida gas prices averaged $2.71 on Sunday.
DeHaan said this week could see some of the largest drops in gas prices in many months. In fact, today's national price average is the cheapest in 14 days.
Gasbuddy.com's daily survey of 5,883 gas outlets in Georgia shows retail prices statewide falling three cents in the past week and is averaging $2.68.
Weekly sports headlines from Jackson Progress Argus.