Gas prices drop 4 cents to $2.52 a gallon in Rhode Island

Delaware Public Media

Delaware Public Media

Gas prices in Florida have dropped to what they were before Hurricane Harvey impacted oil production on the Gulf Coast, a new report finds. Florida gas prices averaged $2.38 on Sunday, but Citrus County stations are higher than the state average.

By Christmas, prices in Florida should be on par with what they were a year ago - $2.32 - if they continue falling at a rate of about a penny a day, Jenkins said.

According to AAA Northeast's weekly survey, the price of regular unleaded gas fell to an average $2.52 per gallon in Rhode Island and $2.46 per gallon in MA.

The national average price for regular unleaded was $2.43, AAA reported, down 3 cents over the week. "AAA forecasts a record-setting 97.4 million Americans will take a road trip during the final 10 days of the year".

After falling for five straight weeks, prices are finally lower than they were in late August when Harvey stormed through the Gulf of Mexico to Texas, shutting down more than one dozen refineries along the coast. "However, the strong supply of gasoline should help stave-off any gas price hikes that would otherwise be caused by such a surge in demand".

With millions of Americans traveling during the Christmas and New Year's holidays, experts do not believe there will be an increase in gas prices, but rather a potential decrease. The U.S. average is almost 20 cents higher than this time a year ago. Petersburg-Clearwater and Jacksonville regions.

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