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Published: Fri, August 25, 2017
Medical | By Garry George

Gas prices fall in state, nation

Gas prices fall in state, nation

GasBuddy reports prices have fallen 1.9 cents per gallon.

Average retail gasoline prices in IL fell 6 cents a gallon in the past week, averaging $2.25 on Monday, according to GasBuddy's daily survey of 4,378 gas outlets in IL. Although demand has increased, national gasoline inventories remain above the previous five-year average, AAA noted.

Retail gas prices in Hawai'i have held steady, averaging $3.07 per gallon for regular grade fuel, and falling by.01 cent since last week, according to a AAA Gas Prices report.

While communities in northeast Kansas, in the totality zone for today's solar eclipse, are experiencing an influx of eclipse tourists and travelers, AAA Kansas has noted no significant increases or change in gas prices in the area. That means they wind up paying a higher percentage of their income on fuel than residents of most other states, even though South Carolina's gas prices are typically among the lowest in the country. But, with college students returning to school, university towns had some of the most expensive gas in Florida with the Tallahassee and Gainesville markets both seeing an average of $2.30 per gallon.

In 2012, the average price was about $3.84 per gallon, more than $1.50 more than what gas costs now. However, oil prices jumped late in the week after Baker Hughes reported the oil rig count dropped by 5 to 763 rigs, the largest weekly drop since January, perhaps signaling that the recent low oil price environment may be taking its toll on producers. So far this year, gas prices have been lower in Florida than across the nation.

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