77
      Thursday
      93 / 74
      Friday
      94 / 73
      Saturday
      94 / 73

      Gas prices should be lower by Halloween

      Everyday, GasBuddy surveys 550 gas stations in Birmingham, and it has found the average retail price of gas in Birmingham has dropped by 1.4-cents a gallon in the past seven-days. {}The average was $3.21 a gallon yesterday. {}The national average has increased to $3.43 a gallon.

      "With the summer driving season behind us, motorists can look forward to a national average for gasoline that soon resumes its decline," said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan. "Falling demand and an impending change back to cheaper winter will begin to weigh on current gasoline prices in the next few weeks and by mid-September, much of the nation should see gasoline prices falling once again. Of course, we continue to monitor ever changing geopolitical tensions and hurricane season, but any impact from either should be limited thanks to the drop in demand and shift away from expensive summer blends of gasoline. By October, the national average will likely have declined another 5-10 cents per gallon, and by Halloween, we could see a national average lower than the $3.31/gal we saw to start 2014."

      GasBuddy.com{}reports yesterday's gas prices in Birmingham were close to 16-cents a gallon lower than the same day a year ago. {}It was also a little more than 6-cents a gallon lower than the same day last momonth, pricesesterday were 15.9 cents per gallon lower than the same day one year ago and are 6.1 cents per gallon lower than a month ago.{}

      You can find a link to gas prices at a station near you on the ABC 33/40 Gas Gauge Page. {}The information is provided by GasBuddy.com.

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