Gas Prices Soar Over Last Year, Down on the Month

The average price for self-serve regular unleaded gasoline was about $2.45 per gallon as of Monday AAA Michigan said

The average price for self-serve regular unleaded gasoline was about $2.45 per gallon as of Monday AAA Michigan said

The Great Lakes market is the most volatile and OH last week saw the average price for gas drop about 4.5 percent, or 10 cents per gallon, to $2.24 per gallon.

GasBuddy.com's latest report over the weekend said the average price for a gallon of unleaded in IN is two dollars and 48 cents.

In San Antonio, GasBuddy reported Monday that average gas prices stood at $2.05 a gallon, a 5 cent drop over the previous week.

"Gulf Coast refineries have completely recovered from the effects of Hurricane Harvey, and are now flooding the market with fuel in anticipation of strong demand during the year-end holidays", said Mark Jenkins, spokesman for AAA - The Auto Club Group.

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Gas prices in Southwest Florida continued to fall over the week, returning to levels before they surged after Hurricane Harvey in late August.

"More than 97 million Americans will begin to hit the road this week for the holidays - the most ever on record", said Jeanette Casselano, AAA spokesperson. Gas prices in 2013 were $3.26 a gallon.

Gas prices are 12 percent higher this year in Rhode Island than last year, when the average price of gas was $2.24 per gallon, a difference of 28 cents. Prices at the pump have been estimated to drop as much as eight more cents by Christmas Day. Pennsylvania (sixth), CT (ninth) and NY (10t ) are three of the top 10 most expensive states for gas. A handful of stations in that area were selling for as low as $2.22 a gallon.

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