Gas Prices Decline for Sixth Straight Week

(Undated) — For the sixth straight week, gas prices declined, driven largely by “seasonality.” According to GasBuddy Head of Petroleum Analysis, Patrick De Haan, while more states did see prices rise this week, most of those increases were in “price-cycling” markets, where routine jumps often follow larger declines. Elsewhere, a majority of states saw prices inch lower again. For now, De Haan says he expects gas prices to bottom out in the weeks ahead before beginning their seasonal climb toward March. The current national average is $2.80 a gallon, down two cents from last Tuesday and twenty-four cents lower than a year ago.