Florida gas prices poised to rise as OPEC considers production cuts

28 November, 2017, 01:21 | Author: Franklin Nunez
  • Back to school, back to work, back to rising gas prices

“Despite a forecasted 5 to 20 cents decrease in coming weeks, motorists will see higher than expected December gas prices – especially compared to year-end prices from 2015 and 2016, ” says AAA spokeswoman Jeanette Casselano.

At the beginning of November, prices reached almost $3 a gallon, the highest price since 2015.

Gas prices fell by about 10 cents in the past week, AAA Michigan said. Nationally, prices have fallen 3.9 cents per gallon to $2.49.

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Including the change in gas prices in Hawaii during the past week, prices yesterday were 63.4 cents per gallon higher than the same day one year ago and are 11.2 cents per gallon higher than a month ago.

Look for gas prices to dip lower through the end of 2017. In contrast, the cheapest gasoline, at $2.40 per gallon, is in Carbondale. This year, the typical factors that drive gas prices down in winter were outweighed by the impact of two major hurricanes, steady consumer demand and continued growth in gasoline exports.

The lowest price in Miami-Dade was $2.33 at Marathon on South State Road 7 and Northwest 199th Street in Miami Gardens.

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Gas prices in states within the West Coast region are among the most expensive in the country. This is the second week in a row that Metro Detroit's average gas price has dropped.

The price per barrel of crude oil is likely to continue gaining after EIA's latest report showed that crude inputs into refineries, for production of products like gasoline, grew.

This December drivers will not find significant savings at the gas pump but, AAA says, early 2018 looks promising.

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