June gas prices in North Dakota hit 12-year low

Metro Creative Connection

Metro Creative Connection

The latest GasBuddy.com survey of ME gas stations shows the average price of gas went down 5.1 cents per gallon in the past week, to $2.26. That's equal to the national average.

At some places in the Miami area, though, you could find prices cheaper than average.

The Tampa Bay region saw the least expensive gas prices in the state with an average of $2.21 for Tampa, St. Petersburg and Clearwater followed by Orlando at $2.22.

The lower prices are being driven by continued declines in crude oil prices. That's significantly lower than the average of $2.23 last week and $2.52 a year ago.

Nationally, Florida had the fifth-largest weekly decline in prices. Sunday's state average of $2.16 was just fractions of a penny above this year's lowest price of $2.157 set on March 27.

Daily local news headlines from across Gwinnett County.

"We could see another week with a majority of states seeing prices move lower again, thanks to gasoline inventories that remain quite healthy, along with refiners that continue to push out product at rates that have been higher than demand, leading to crude oil prices that have struggled mightily to gain a footing", DeHaan said. American motorists are the big winners here, as they fill their tanks for a summer road trip. The average price in Florida averaged $2.27, a drop of 6 cents from the previous week. The price for a barrel of crude has lost almost $7/b in value since May 24. The lowest price so far this year was $2.262 on February 9. Once the average price hits $2.262, the national average would be the lowest since December 2016.

Nearly every state is seeing averages that are less than a year ago, thanks to "an unexpected buildup of crude oil last week combined with ongoing high gasoline production runs, an increase in gasoline stocks and a drop in gasoline demand", AAA said in a news release last week. "Oil prices would climb if either of them develop into a major storm and threaten refineries along the Gulf Coast", Jenkins said.

Pittsburgh-area gasoline is higher than in most of the country.

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