Average retail gasoline prices in Chattanooga have fallen 6.4 cents per gallon in the past week, averaging $2.26 per gallon on Sunday, according to GasBuddy's daily survey of 170 gas outlets in Chattanooga.
AAA also says gas prices in metro Detroit are down about 8 cents ot $2.49 a gallon, which is 25 cents higher than a year ago.
According to GasBuddy historical data, gasoline prices on February 19 in New Haven have ranged widely over the last five years: $2.38/g in 2017, $1.87/g in 2016, $2.33/g in 2015, $3.63/g in 2014 and $3.95/g in 2013.
The cost of gas is on the decline in Georgia following a week of prices decreasing by more than five cents a gallon.
The least expensive gas price averages in Georgia were in Warner Robins at $2.34 per gallon, Augusta-Aiken at $2.34 and Albany at $2.35. "AAA expects gas prices will shoot up 20 to 30 cents between March and May as refineries conduct seasonal maintenance and switch to summer-blend gasoline". Crude prices may continue to trend higher this week amid signs of continued growth in USA oil production.
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In Florida, the most expensive average gas price was $2.69 in the West Palm Beach-Boca Raton area. "A handful of major refineries are undergoing maintenance". Motorists in almost every state are paying less on the week with Midwest and Southern states seeing the largest price drops at the pump.
Patrick DeHaan of GasBuddy.com said gas prices are catching up to a decline in crude oil prices.
Lower prices are the result of an increase in both domestic oil and gasoline production. This month, domestic crude oil production exceeded 10 million barrels per day for the first time in decades. A year ago at this time, it was $2.28 a gallon.
Despite the growth over the past two weeks, inventory of both commodities are down by a significant margin compared to this time previous year.