February 26, 2018

Gas prices hold steady in RI, down a nickel in MA

28 November 2017, 01:21 | Frank Carlson

Back to school, back to work, back to rising gas prices

30 2017 Cristian Rodriguez fuels his vehicle in Sacramento Calif. Gasoline taxes will rise by 12 cents per gallon Wednesday Nov. 1 to raise money for fixing roads and highways. It is the first of several tax and fee

Yet again, Hardin County had the lowest average price in the region at $2.31, which passed Shelby County at $2.32. Michigan's current daily statewide average is about $2.53 per gallon, about 10 cents less than last week's average and about 44 cents more than this same time a year ago, according to AAA.

Florida's average price for unleaded regular was $2.46 on Monday - three cents less than a week ago and 36 cents more than the same date previous year, according to AAA. This is ten cents cheaper than last week.

The auto club expects prices to decline 5 to 20 cents per gallon by the end of the year.

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The biggest bargain in Broward appears to be $2.31 a gallon at Rocket Fuel on Stirling Road at North 66th Avenue in Davie. This year, the typical factors that drive gas prices down in winter were outweighed by the impact of two major hurricanes, steady consumer demand and continued growth in gasoline exports.

Production: According to Baker Hughes, Inc., the total oil rig count is now 747, which is 273 more rigs than last year's count at this time. The national average has gone up 37.6 cents since previous year and is also up 3.5 cents since last month.

In time for year-end road trip planning, AAA has added new tools to to provide more comprehensive gas price data and insight to motorists and journalists. Demand has remained stronger than expected for the early part of fall, so an increasing utilization rate will close the supply gap and help keep stocks in check as winter draws closer, says AAA.

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