Gas Prices Decreasing After Hurricanes Harvey And Irma

Fuel prices maintain slow decline

Floridians are getting a break at the gas pump as prices continue sliding after reaching three-year highs because of Hurricanes Harvey and Irma.

MI - again - topped the decline in state-average gas prices from a week ago, according to figures released today by GasBuddy.

"Nationwide, many motorists have asked why all gas prices haven't come back down to pre-Harvey levels, and while the answer is complex, in short, it will take weeks or months to see gasoline inventories recover fully, but prices will continue to slowly drift lower as inventories slowly improve".

Hurricane Harvey shut down refineries and fuel shipping routes for a few days. The price at the pump surged when Harvey struck refineries along the Gulf Coast, then remained elevated as demand spiked in the southeastern United States following Hurricane Irma. The price in Vermont was down 4.2 cents in the past week, to 2.67 per gallon.

That's still a nickel higher than the national average and 54 cents higher per gallon than the in-state price one year ago.

Alaska- $3.03/g, down 3.3 cents per gallon from last week's $3.07/g.

Including the change in gas prices in Hartford during the past week, prices yesterday were 52.8 cents per gallon higher than the same day one year ago and are 35.8 cents per gallon higher than a month ago.

According to GasBuddy, people were filling up for just $2.10 per gallon on average last September 24.

The most expensive gas price averages in Florida are in West Palm Beach-Boca Raton ($2.76), Miami ($2.73) and Fort Lauderdale ($2.71).

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