Published: Wed, February 21, 2018
Health Care | By Gwendolyn Kim

AAA: Gas Prices Will Hit $3/Gallon

AAA: Gas Prices Will Hit $3/Gallon

According to AAA, the national average for a gallon of regular gas is $2.53, 4 cents cheaper than the state average.

Metro Detroit's average price per gallon is $2.49, slightly higher than the statewide $2.45, which is 11 cents less than last week and 19 cents more than a year ago.

Nebraska- $2.56/g, down 3.3 cents per gallon from last week's $2.59/g.

States with the lowest average gasoline prices: MS ($2.25), SC ($2.27), Alabama ($2.27), OH ($2.27), Missouri ($2.28), Texas ($2.29), Arkansas ($2.31), Oklahoma ($2.31), Tennessee ($2.32) and Kentucky ($2.34).

The local averages midday Monday, according to GasBuddy, were $2.67 in Ulster County, $2.72 in Dutchess County, $2.71 in Greene County and $2.62 in Columbia County.

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MI has seen volatile gas prices since January, while inventories in the region continue to increase, according to the auto club.

Drivers may see prices at the pump start to climb in the next few weeks as refinery maintenance season begins. "A handful of major refineries are undergoing maintenance". Last week's figures showed only minor gains in production and inventory levels.

Gas prices throughout Florida have dropped for 10 straight days, for a total of 11 cents, following several weeks of increases that are unusual for this time of year. "Sluggish demand coupled with growing crude stocks have paused steadily rising oil prices".

In January, oil prices reached their highest in more than three years, enticing domestic producers to ramp up production. That's an increase of around 15 percent.

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