Lowest gas prices in Shelby County

Posted December 20, 2017

Gas prices for the year-end holidays should be on par with, and possibly lower than, last year, AAA said.

Average U.S. gas prices are at their lowest point since Hurricane Harvey hit 110 days ago and caused prices to rise, according to Patrick DeHaan, head of petroleum analysis for GasBuddy.

The average price for a gallon of regular gas in the Bradenton-Sarasota-Venice market was $2.35 on Sunday, down 4 cents from last week and 13 cents from a month ago, though they remain 5 cents above past year, AAA reported Monday.

Florida's average price of $2.37 was 4 cents less than a week ago.

The price of gas is up 11 percent from past year at this time, when it cost $2.20. The average for Sunday was the same price according to GasBuddy's daily survey of 5,345 gas outlets in Ohio.

"We can thank USA oil production, which has come a long way in the last five years", DeHaan said.

States with the lowest average gas prices: Missouri ($2.14), MS ($2.16), Alabama ($2.16), SC ($2.17), Arkansas ($2.17), Oklahoma ($2.18), Tennessee ($2.19), Texas ($2.20), Louisiana ($2.21) and Kansas ($2.23).

The national average is projected to be $2.39 a gallon on Christmas Day, which is slightly above prices in the past years ($2.28 in 2016, $2 in 2015 and $2.38 in 2014). It was also 6 cents cheaper than the national average but notably more than Georgia's $2.29 average and Tennessee's average of $2.22.

AAA expects gasoline demand to weaken throughout the winter, which translates to better prices at the pump.