Hurricane Irma hits Florida again, this time at the gas pump

AAA Michigan: Gas prices drop 15 cents, highest in UP

"In fact, this week could see some of the largest drops in gas prices in many months", he said. It's also 54 cents higher than at this time previous year, when the average price was $2.18 per gallon. The decline in price is the first reported since August 21 when prices declined by three cents per gallon.

According to GayBuddy.com, the lowest gas prices in Forsyth County is $2.36 at the Sam's Club at 284 Summit Square Blvd., followed by $2.39 at the Speedway at 4619 Reynolda Road, Family Fare at 7765 North Point Blvd., the Shell convenience store at 2801 Reynolds Road, and Sheetz at 2985 Fairlawn Drive.

According to the latest statistics from the U.S. Energy Information Administration, both hurricanes led to higher than average gas prices over the last couple of weeks.

The lowest-priced gas in the Naples-Bonita Springs area that's not part of a membership warehouse (Sam's Club and Costco) was $2.63 - at stations including the Speedway at 27001 Old 41 Road and East Terry Street in Bonita, and the 7-Eleven at 4831 US 41 E., East Naples.

Gas prices could fall even farther this week, DeHaan said.

"With summer driving season now over, motorists stand to benefit from falling demand, which will help refineries bring gasoline inventories back to normal and thus gas prices, but as many Americans are now acutely aware, the impact on gas prices can outlive a storm, especially one like Harvey", DeHann said. 17, it had dipped to $2.71 per gallon.

Hedge funds and other money managers raised their net long position in US gasoline futures and options to 69 million barrels in the week to September 12, the highest level since May 2014.

Jenkins said he expects prices to drop about 30 cents, but it will take a while because prices drop much more slowly than they rise. The state average was 3 cents less than a week ago, yet remained 52 cents more than this time past year. A year ago, the average was $2.157.

Weekly local news headlines from the Jackson Progress Argus.

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