Gas prices see slight drop locally

Gas prices see slight drop locally

One month ago, the area's average was $2.239, while a year ago it was $2.012.

The most expensive metro markets in Florida, according to AAA, are West Palm Beach-Boca Raton ($2.48), Miami ($2.41), and Fort Lauderdale ($2.41).

The average price in OH was $2.19 early Monday, making it the 17th least-expensive state for gas.

But motorists locally are still paying significantly more that a year ago at this time - when the price stood at $1.88.

AAA Michigan surveys daily fuel prices at 2,800 gas stations across the state.

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"Gas prices are falling now, but fundamentals are pointing higher", said Mark Jenkins, AAA spokesman. As demand starts to rise, "This season trend could push gas prices 25-50 cents higher by June".

"A sudden plunge in the price of oil is likely to weigh on gas prices, at least temporarily", said Patrick DeHaan, senior petroleum analyst for GasBuddy.com. Gasoline prices between February 15 and March 20, 2009 fell a cent, while they rose 29 cents in 2016 during the same time period.

The national average also dropped last week, but by a smaller margin (0.3 cents). "For now, there's a minor tug of war going on with oil prices - a move higher or lower in the week ahead could determine the direction of prices the next weeks or longer".

The cheapest gallon of gas in Chattanooga now is $1.89.

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