Here is the direction that AAA is expecting gas prices to go

Aaron Brown
September 19, 2017

The average price of regular gasoline reached $2.72 per gallon on Sunday, according to AAA, which is up from about $2.22 per gallon a month ago and $2.20 per gallon a year ago. "Virginia drivers will likely continue to see gas price declines in the coming weeks, barring any unforeseen weather or geopolitical events that could impact prices at the pump".

Around the USA on Monday, Oklahoma's average pump price of $2.26 was lowest, followed by Missouri, $2.35; OH, $2.36; Arkansas, 2.362; Kansas, 2.363; and Louisiana, $2.37.

AAA Nevada spokesman Michael Blasky said Nevada was protected from the largest spikes in prices from Harvey because the region gets its gasoline from California was not immune to the increase seen in the global market.

Oil prices have been seeing little action as of late, holding just under $50 per barrel for West Texas Intermediate crude oil.

That's 2 cents down from a week ago, when prices were recorded at their highest point for 2017. The highest average price can be found in the Marquette area, where it's about $2.66 a gallon.

Theresa May and Boris Johnson 'set for Brexit showdown' in NY
Johnson argued against paying for continued access to Europe's single market - a possibility other ministers have left open. That idea had been earlier rejected by May, and this time corrected by the head of the UK's statistics authority .

White House denies reports that USA changing stance on Paris climate pact
If true, this would mark another reversal of one of President Trump's key campaign promises, one of the most controversial. The Paris Agreement is a U.N. -negotiated deal signed in 2015 by every nation except Syria and Nicaragua.

Roy Hodgson sets sights on Crystal Palace survival
And Palace have now gone 450 minutes without a goal this season, the longest ever run from the start of a Premier League campaign. He was replaced by former England manager Roy Hodgson and his arrival has prompted a backroom reshuffle.

Hedge funds continue to wager on a shortage of refined fuels driving prices higher, even as US refineries gradually restart operations in the aftermath of Hurricane Harvey.

The bottom line: Prices haven't been this high since the fall of 2014. "In fact, this week could see some of the largest drops in gas prices in many months". And they're expected to fall much further ... if there's not another storm.

"Gas demand should drastically decline across the Carolinas by the end of September, as the Labor Day holiday signaled the end of the summer driving season", Wright said.

The average in the state of Nevada was $2.88 per gallon, which is down 3.4 cents from last week. Alaska, California, Hawaii, Montana and Utah saw average prices rise slightly, but should see relief in the weeks ahead.

Other reports by Free-Prsite

Discuss This Article