Gas prices poised to drop more this week


With statewide prices having dropped 30 cents in a little more than a month, it's likely costs will fall below pre-Harvey levels before long, especially as refineries switch to less-expensive winter-grade fuels that don't have to withstand as much heat.

That's 4.2 cents cheaper than one week ago and about 13 cents cheaper than the national average.

Gas prices are averaging $2.27 cents in Tennessee.

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Lubbock- $2.18/g, down 5.0 cents per gallon from last week's $2.23/g.

County firefighters, along with the Parrottsville Volunteer Fire Department, were sent to the scene following the 7 p.m. fire alarm. Gas prices are down again, for mid-October.

"Motorists should expect another round of discounts at the pump this week", AAA spokesman Mark Jenkins said. "In fact, the national average may continue to decline for a few weeks before leveling off as gasoline inventories continue to heal after Hurricane Harvey", DeHaan added. "Gasoline futures and wholesale prices gained some strength last week, but not enough to stop the pump-price plunge".

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Prices continued to move lower as gasoline inventories posted another weekly rise, according to data from the U.S. Energy Information Administration, showing a rise in gasoline inventories of almost a million barrels.

South Florida has the most expensive gas in the state with prices averaging $2.59 per gallon in Miami and $2.58 per gallon in the West Palm Beach-Boca Raton market. Oil prices continue to hold above $50 per barrel on tensions in Iraq, which have seen production from some areas drop notably.

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