Gas Prices Trending Lower

(Undated) — Gas prices are trending lower. According to GasBuddy Head of Petroleum Analysis, Patrick De Haan, it’s been another relatively quiet week for average gas prices, with most states seeing modest or slight declines, while a handful of “price cycling states” experienced the most noticeable fluctuations. De Haan says oil prices continue to hover in the mid-to-upper $60 range, and with gasoline demand starting to ease as we head into August, we could see prices gradually decline as we approach Labor Day. However, he says this is also the time of year when the tropics begin to stir, so GasBuddy will be keeping a close eye on hurricane activity that could disrupt supply and shift the outlook. The national average is hovering around $3.13 a gallon.