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Gas Prices Drop Over Weekend



By: Knox Graham

JACKSON, Miss.-- Gas prices continued to drop over the weekend nationally and Mississippi followed suit, even though it was modest.

Gas prices are averaging out to about $3.42 per gallon for regular unleaded fuel in Mississippi on Monday after a three cent drop over the weekend.

Oil analyst Trilby Lundberg says, "After prices nationally hung around $3.83 for a month, now in the last two weeks we have a drop of eight and a half cents to $3.75."

The magnolia state is usually one of the top-three states in the country for cheap gas prices but have been passed by several others for the top spot. Currently Mississippi is ranked ninth in the country for gas prices. Oklahoma has the cheapest gas today at $3.30 per gallon.

Crude oil prices have dropped over the last couple of weeks and it's not a suprise to Lundberg gas prices followed that trend.

Lundberg adds, "We have the results now on the streets from those oil price drops and we also have lower seasonal demand after summer time."

The two highest state for gas are still California and Hawaii at $4.40 and $4.52 per gallon, respectively. 







Filed Under :  
Topics : Business_Finance
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Locations : CaliforniaHawaiiJacksonMississippiOklahoma
People : Trilby Lundberg
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