Gas prices expected to fall this week

Gas prices expected to fall this week

However, wholesale prices are expected to fall over the coming weeks, which she says could result in a price decline.

The national gas price average was at $2.57 on Tuesday, down a penny from Monday, when the $2.58 national average was three cents lower than the prior week, but six cents more than a month ago and 30 cents more than a year ago, according to AAA.

Average retail gasoline prices in Minnesota have fallen 2.5 cents in the past week, averaging $2.55 per gallon Sunday, according to GasBuddy's daily survey of 2,856 gas outlets in Minnesota.

Average gas prices in Rockford are down more than a cent since the beginning of last week.

"Californians are way too familiar with refinery fires, refinery explosions, that have impacted gas prices if there is a major event this spring we could see those 4 dollar a gallon gas increase".

Gasoline prices in MA are up three cents this week, according to AAA Northeast, which has an office in Framingham. Hitting its highest level this year, gasoline demand registered at 9.1 million b/d, a 169,000 b/d increase year-over year.

"Expect volatility at the pump as these forces collide", he said.

Gas in San Francisco was the highest in the contiguous United States at an average of $3.42 a gallon.

"Gas price averages are less expensive for 78 percent of states compared to last Monday". At $2.37, OH is selling the cheapest gas in the region and the 7th cheapest in the country.

Both Rockford's rate and the national rate have dropped over the last seven days.

"As the Dow Jones average swung violently, oil prices lost considerable ground, falling below $60 per barrel for the first time this year", DeHaan said. "Here in the weeks ahead, not only is the price of oil continuing to be a problem and why gas prices are high, but the seasonal maintenance work that's about to take place at California's refineries will likely limit how much gasoline they're producing".

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