Thursday, 14 December, 2017

Gas Prices Drop 1.6 Cents In Chattanooga

Gas Prices Drop 1.6 Cents In Chattanooga Gas Prices Drop 1.6 Cents In Chattanooga
Elsie Buchanan | 06 December, 2017, 01:02

While gas prices continue to fall, Emporians are still paying about 30 cents more at the pump than one year ago. The average price for gas in June was around $2.29 per gallon. It's the third consecutive week of declines, but AAA Michigan notes prices still are about 23 cents more than at the same point a year ago.

The national gas-price average was $2.51 as of November 27, or 38 cents more than this time in 2016, AAA said. The highest was about $2.64 per gallon in the Marquette area.

The state high for gas prices right now is in St. Francis at $2.65 while Galena has the state low at $2.13.

Across the country, the largest changes in average gas prices by state: in (-10 cents), IL (-9 cents), OH (-8 cents), MI (-7 cents), Wisconsin (-5 cents), DE (-5 cents), Missouri (-4 cents), Oklahoma (-4 cents) and West Virginia (-4 cents).

Mueller removed investigator from team after discovering anti-Trump text messages
He sent the text messages to Lisa Page, an FBI lawyer who also left the Mueller investigation this past summer. Mueller's investigation to the F.B.I.'s human resources department, where he has been stationed since.


USA refineries switch late in the year to a winter blend of gasoline, which is less expensive to make because more steps are needed with the summer-blend to prevent excessive evaporation.

"Gas prices have been falling in recent weeks, but it has been a slow drip", said Mark Jenkins, spokesman at AAA in Tampa. Gas prices, however, are still relatively high because of crude oil prices.

Drivers in the Lansing area are catching a break at the gas pump. Any strong gains in oil this week should push pump prices higher. U.S. West Texas Intermediate futures were down 89 cents, or 1.5 percent, at $57.47. "That's because Americans drive less in the winter due to shorter days and cooler weather". Nevertheless, federal data show domestic demand is lower, which has supported a slight drop in gas prices so far in December. The cheapest was $2.36 in Pensacola.

"With OPEC deciding last week to extend last year's agreement on oil production cuts, the future for gasoline prices isn't as rosy", said Patrick DeHaan, head of petroleum analysis for GasBuddy. The national average has decreased 6.4 cents per gallon during the last month and stands 28.4 cents per gallon higher than this day one year ago.

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