Gasoline is selling at the lowest price since March amid rising gasoline supplies and falling oil prices. Some discounters in the 'Boro are offering regular gas for $3.12 per gallon.
The national and Florida average prices for a gallon of regular unleaded gasoline are on a 30-day streak of declines. Prices in Georgia and Tennessee have fallen 34-cents and 32-cents consecutive days respectively.
"Oil prices briefly rose following the crash of Malaysian Airliner Flight MH17, but gas prices didn't skip a beat last week," said Mark Jenkins, spokesman, AAA - The Auto Club Group. "Motorists continue to enjoy discounts at the pump and that's likely to continue this week."
The price of oil fell more than a dollar on the NYMEX this week. WTI settled at $102.09 a barrel , $1.04 cheaper than the week prior. Oil is trading lower as gasoline supplies reach a four-month high and outpaces demand.
The national average price for a gallon of gasoline is 6 cents cheaper than last week. The average price also fell 5 cents in Florida, Georgia and Tennessee.
CURRENT AND PAST PRICE AVERAGES
Regular Unleaded Gasoline
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