Seasonal Factors Drive Gas Prices Lower

(Undated) — Gas prices continue to fall as seasonal factors weigh heavily. According to GasBuddy Head of Petroleum Analysis, Patrick De Haan, gas prices have seen a notable weekly drop in most states as seasonal factors ramp up their impact, namely the switch to cheaper “winter gasoline” and falling demand. De Haan says price cycling markets led the way with significant declines in Ohio, Florida, and Michigan, while Indiana experienced a price cycle that resulted in the largest weekly increase of any state last week. De Haan says for now, seasonal factors will remain the primary driver of relief at the pump, though they continue to monitor the tropics for any potential disruptions. The current national average is $3.14 a gallon.