Average gas prices fall in Wyoming

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One source thinks the fuel that makes these vehicles go is going to jump in price in 2018.

The local average is below last week's statewide average of $2.45, according to AAA, and the Sarasota-Bradenton region has among the lowest average prices in the state, according to AAA.

McTeague expects the Canadian average price for gasoline in 2018 to be $1.19 per litre; lower in the winter than summer.

Oil prices crashed to below $30 a barrel in February 2016 but have slowly increased since then, and Patrick DeHaan, head of petroleum analysis at GasBuddy, points to the Organization of the Petroleum Exporting Countries as the big reason why.

States with the lowest average gasoline prices: Missouri ($2.21), Arkansas ($2.23), Oklahoma ($2.23), Alabama ($2.25), SC ($2.25), MS ($2.25), Texas ($2.26), Tennessee ($2.27), Kansas ($2.27) and Louisiana ($2.27). The Massachusetts price is one cent below the national average for regular unleaded of $2.49.

Motorists in some states have seen a decline in gas prices, with prices falling 10 cents on the week in IN, 7 cents in OH and 6 cents lower in MI, the motor organization found.

"Last year was a historic travel season, with AAA forecasting record travel numbers for almost every holiday", Michael Blasky, a spokesman for AAA Northern California, said in the release.

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At the same time, however, $61 a barrel oil also encourages more drilling in the U.S. Massive amounts of oil have been found in the Permian Basin in Texas and New Mexico with 400 rigs now operating in that area.

And it is the fact that unexpected events can, and do, occur, that makes forecasting what prices will do in the coming year hard.

The first week of the new year is historically strong for oil prices, AAA said.

As of Monday afternoon, prices at Mobil and 76 gas stations were $4.03 per gallon for regular unleaded.

"On the week, consumer demand for gasoline decreased", she said in a statement.

"I would be shocked if we saw greatly increased prices in gasoline in 2018", said Skylar McKinley, spokesman for AAA Colorado in Denver.

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