Gas prices fall in state, nation

Gas prices fall in state, nation

The price at the pump mirrors crude oil prices, which have been trading in a relatively narrow range near the $50 per barrel mark.

The national average on Monday sank to $2.33 per gallon for regular gasoline, 2 cents cheaper compared to a week ago. 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.

A year ago at this time, the average price in MA was 17 cents lower at $2.07.

Again, that's not necessarily a huge hit unless you're poor - but in the Palmetto State, most people are poor.

While gas prices traditionally increase in the second half of August, motorists across the Sunshine State saw prices at the pump decrease slightly in recent days.

Not for long, though ... The national average is now 18 cents more than this time previous year.

"But the good news is that the bulk of the motoring public is seeing gas prices drift lower as oil prices have slipped", said Patrick DeHaan, GasBuddy senior petroleum analyst.

The states with the cheapest average gasoline prices are: SC ($2.05), Alabama ($2.08), MS ($2.08), Oklahoma ($2.10), Missouri ($2.10), Arkansas ($2.10), Tennessee ($2.12), Texas ($2.14), Louisiana ($2.14) and Virginia ($2.16).

Some of the areas with some of the biggest regional spikes in fuel prices were those more rural areas where the solar eclipse was most visible, causing fuel shortages and price hikes as motorists scrambled for the best views.



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