Maine gas prices decrease about 2 cents in past week

The national average price of gasoline also saw a marginal rise of half a cent to $2.29 per gallon.

“Falling averages are often the trend at this time of year due to a decline in driving and the switchover to winter-blend gasoline”.

This fall’s refinery maintenance season is expected to be heavier than in years past because refineries ran at such high rates during the summer. “Opening this week Pacific Northwest wholesale gasoline prices are among the lowest in the USA and that is truly a rarity”. AAA said this is the first time since June 2009, when the country was mired in a deep recession, that all states average less than $3 for regular.

Redman predicts gas prices to drop to about $1.80 per gallon in December, but Russian Federation entering the Middle East could dramatically affect the price of crude oil. That’s 9 cents more per gallon than last week’s average and down about 76 cents from the same point past year.

Government analysis shows the average household saving about $100 a month because of lower gas prices, and at least a few of those savings are going to go right back into the gas tank. Diesel fuel is $1.25 less than a year ago at $2.50.

This marks the 15th straight week that pump prices have fallen in New Jersey.