Region's gas prices falling as demand returns to normal

27 September, 2017, 00:08 | Author: Essie Rivera
  • Fuel prices maintain slow decline

Gas prices continue to fall in metro Detroit after Hurricanes Harvey and Irma sent prices skyrocketing earlier in the month.

"If it weren't for the recent hurricanes, gas prices would be about 25 cents lower", said Mark Jenkins, AAA spokesman.

After spiking in the aftermath of Hurricane Harvey, gas prices dropped in Denver and across the country the last seven days, marking the second consecutive week of decline. The travel group said the national average for a gallon of regular gas hit $2.57 to start the work week, an increase of 22 cents versus a month ago.

If you drive around Watertown, gas prices are sitting around $2.75 a gallon - down about three cents from last week.

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Gasoline prices are drifting lower from their post-Hurricane Harvey spike, but remain significantly higher than this time a year ago. Tennessee's average price of $2.50 a gallon is still 37 cents higher than a month ago.

"Kind of the undoing of the situation that Harvey caused". Irma followed as a double whammy as demand spiked from Floridians trying to evacuate or prepare ahead of the storm. "We're still getting back on our feet in the Southeast". But most of those refineries have since reopened and only about 5 percent of the nation's capacity remains offline.

Prices at the pump are falling, after Hurricane Harvey made them skyrocket.

Lancaster area gasoline prices on September 25 in Lancaster have ranged widely over the last five years, from a low of $2.32 a gallon in 2015 to a high of $3.84 a gallon in 2012.

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