AZ Gas Prices Drop a Smidgen Featured font size +


US retail gasoline prices slipped last week to a national average of $2.52 a gallon, down a penny from the prior week.

The average price for a gallon of gasoline in the Meadville area is about the same as the state average. The Florida average of $2.50 was 4 cents lower than last week.

Anchorage- $2.94/g, down 1.3 cents per gallon from last week's $2.95/g.

Falling crude oil inventories and steady prices for crude remained the rule for the week ended March 9.

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Gas prices in metro Detroit are continuing to rise with higher than usual demand for this time of year, according to AAA Michigan.

Despite the recent decline, gasoline still are at the highest average price for the month of March in four years, AAA said.

USA crude production continues to boom and be a closely watched figure, hitting another record at 10.37 million barrels per day last week, AAA said.

After that, the cheapest gas you will find is $2.75 per gallon on upper Peach Street. "Gasoline prices remain in somewhat of a limbo as a result, with a mixed bag at pumps across the United States", said Patrick DeHaan, head of petroleum analysist for GasBuddy.

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Crude oil is also $14 per barrel more than previous year, preventing a plunge at the pump.

"Thus far, we have seen a market that's lacked solid upward movement when it usually sees exactly that", he said.

Analysts say drivers in the region are enjoying another week of lower local gas prices, but a spring spike is likely to reverse the downward trend in the weeks ahead.

The U.S. Energy Information Administration expects the average national price of gasoline will average $2.60 a gallon for the year.

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