Falling fuel prices continue at the pump, reports AAA. Gas prices have declined for five consecutive weeks, as refineries flood the market with more gasoline than is consumed. This helped prices return to levels not seen since August 30 when gas prices surged in response to Hurricane Harvey’s impact on Gulf Coast refineries.
AAA forecasts a record-setting 97.4 million Americans will take a road trip during the final ten days of the year. However, the strong supply of gasoline will help to deter gas price hikes that would otherwise be caused by a significant surge in demand.
Missouri currently claims the lowest price in the nation with regular unleaded fuel averaging $2.14 a gallon. Nebraska motorists are paying an average of $2.37 a gallon, which is five cents less than the national average. Nebraska’s average is currently 15 cents higher than prices reported a year ago, but prices are expected to continue to retreat as U.S. crude oil and processed fuel inventories build.
For more information on fuel prices, visit www.gasprices.aaa.com. Fuel prices are updated daily including weekends and holidays.