OH gas prices drop again, to average of $2.12 for regular

Business The average price for gas in Michigan has fallen about 9 cents from a week ago AAA Michigan reported

Average retail gasoline prices in Sacramento have fallen 6.0 cents per gallon in the past week, averaging $2.91/g yesterday, according to GasBuddy's daily survey of 720 gas outlets in Sacramento.

The national average is flirting with 2017 lows, according to AAA, whose data is collected from credit card swipes and direct feeds from 120,000 gas stations nationwide, in cooperation with OPIS and Wright Express. The national average is falling at a rate of 1-cent per day, positioning the price to breach this year's lows mid-week.

Meanwhile, the average price nationally fell rose three cents to $2.30 a gallon, GasBuddy reported.

Florida ranked #5 among states with the biggest weekly decline.

"We're expecting gas prices by July 4 to be anywhere between 20 to 40 cents a gallon higher, somewhere between $2.15 to $2.30 a gallon", says DeHaan. Consumers could continue to enjoy low gas prices after the Independence Day holiday, LaDoucer said, but AAA noted prices likely won't drop much further than this week.

Midland Odessa- $2.17/g, down 4.1 cents per gallon from last week's $2.21/g.

Thinking about that long-awaited summer road trip?

Though global oil price benchmark rose to $56 a barrel earlier in April, it has cooled off in May and June. "Oil prices would climb if either of them develop into a major storm and threaten refineries along the Gulf Coast", Jenkins said. The West Palm Beach-Boca Raton area saw an average of $2.37 on Sunday making it the most expensive area in the state. The lowest price so far this year was $2.262 on February 9.

North Dakota broke several longtime record lows last year, and June appears to be the first time a longstanding record was broken this year.

The state average is at $2.11 a gallon, while the national average is much higher at $2.28. The highest was about $2.36 in the Ann Arbor area.

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