(October 10, 2017) Motorists are paying on average six cents less for a gallon of gasoline on the week with all states seeing prices at the pump either drop or hold steady. Today’s national gas price average is $2.49, which is 18 cents cheaper than a month ago, according to statistic compiled by AAA.

With the latest Energy Information Administration (EIA) report measuring gasoline demand at 9.2 million barrels a day, down 281,000 barrels a day from the week prior, retail gas prices are showing steady promise of returning to pre-hurricane rates.

“Gas prices have fallen steadily for the past four weeks and now we are seeing gasoline demand drop alongside prices,” said Jeanette Casselano, AAA spokesperson.

“The latest demand figures show the lowest since the week Hurricane Harvey hit and can likely be the beginning of a downward demand trend indicating even cheaper gas prices to come this fall.”

Over the weekend, Hurricane Nate made landfall over the Gulf Coast and is now a tropical depression. Ahead of the storm, many Gulf Coast oil platforms and rigs were shut down and employees evacuated. In addition, two refineries, accounting for six percent of total Gulf Coast refining capacity, shut down. Early reports speculate that refineries did not sustain damage and operations could start up this week.

Overall, motorists will see minimal to no impact to gas prices in the region hit by the storm.

Quick Stats

    The nation’s top 10 markets with the largest weekly decreases: Georgia (-10 cents), Michigan (-10 cents), South Carolina (-9 cents), Indiana (-9 cents), Ohio (-9 cents), Alabama (-8 cents), Tennessee (-8 cents), North Carolina (-8 cents), Mississippi (-8 cents) and Florida (-8 cents).

    The nation’s top 10 markets with the largest year-over-year changes: New Jersey (+49 cents), Connecticut (+43 cents), Massachusetts (+42 cents), Rhode Island (+39 cents), New Hampshire (+35 cents), New York (+35 cents), Alaska (+34 cents), Utah (+34 cents), Pennsylvania (+33 cents) and Texas (+33 cents).