Gas Prices Continue to Slip Lower

(Undated) — The national average price of gasoline has continued its gentle descent over the last week. GasBuddy Head of Petroleum Analysis, Patrick De Haan, says along with declines seen in the Great Lakes region, where a minor refinery issue was resolved, sending wholesale gas prices lower we’re also beginning to see prices retreat in California, a trend that should soon extend across much of the West Coast as additional gasoline shipments from Asia help offset recent refinery disruptions. De Haan says while gasoline inventories remain “somewhat tight” heading into the summer, he’s optimistic that increased refinery output could pave the way for further price declines. That said, any unexpected outages could still cause “short-term price bumps.” The national average is currently $3.13 a gallon, four cents higher than yesterday morning.