Gas prices continue to drop in Maine
According to GasBuddy, a gas station in Conyers was selling gas at $2.16 per gallon Monday.
On Friday, oil prices in U.S. dropped briefly below the $40 per barrel mark hitting a 6 year low adding further to the pressure on prices at the pump for road trips on Labor Day. And they’re expected to fall even more this fall, as they begin to more closely track the price of oil, which plunged 18% in the previous month. That’s 43 percent more than this year. Consequently, prices have firmed up in cities like Chicago exposing the vulnerability of some region to interruptions in fuel production.
“We may see a little volatility in gas prices as refineries conduct seasonal maintenance”, Carrasco said.
The last time West Texas Intermediate crude oil was under $40 was on February 24, 2009.
In Sheboygan, drivers found the lowest price for gas at the Mobil on Vanguard Drive, and the BP on WI-42, near Enterprise.
In Rutherford County, the area average is already dipping down to $2.10 for a gallon of regular gasoline.
And if oil prices continue to drop, that “also could speed up the decline in gas prices”, Green said. “Some refinery problems may delay it in the Midwest and Delaware”. GasBuddy surveys 2,436 gas outlets in Louisiana.
AAA reports the average price in Tennessee right now is $2.26.
In Springfield, the lowest price was $2.31 per gallon at Price Cutter Express, 1260 St. Louis St., followed by $2.34 per gallon at both Sam’s Club stores.