Gas prices down 15 cents in the last month - WLOX.com - The News for South Mississippi

Gas prices down 15 cents in the last month

GULFPORT, MS (WLOX) -

Check this out.  When a WLOX.com reporter stopped at the Flying J in Gulfport today, she noticed a gallon of gas was just $3.38.  So, she snapped a picture, and emailed it to WLOX.

When we saw that price, we went online and started to do some research.  It turns out gas prices are falling.  And they've gone down for five straight weeks. 

Juli Niemann is a gas industry analyst.  She was quoted in an article posted on Marketplace.org.

"The biggest problem is we really have high inventory," she said in that interview.  "We have more than we need. We have refinery problems, pipeline problems all being worked out. So we have new supplies still coming in. We have plenty of inventory."

According to AAA.com, the average price of a gallon of gas in South Mississippi is $3.47/gallon.  That's four cents cheaper than a week ago.  It's 15 cents cheaper than gas cost in February.  And it's 21 cents below March, 2012 prices.

The highest average for a gallon of gas ever recorded in South Mississippi was $4.02.  That was back in 2008.

Copyright 2013 WLOX. All rights reserved.

  • NEWSMore>>

  • MHP: 4 dead in I-10 crash in Jackson Co.

    MHP: 4 dead in I-10 crash in Jackson Co.

    Wednesday, May 24 2017 11:35 AM EDT2017-05-24 15:35:57 GMT
    (Photo source: Chrissy Hudgens)(Photo source: Chrissy Hudgens)

    The Mississippi Highway Patrol says four people were killed in a rollover crash on I-10 in Jackson County. Both westbound lanes of the interstate are blocked near the 62 mile marker just west of Gautier.

    More >>

    The Mississippi Highway Patrol says four people were killed in a rollover crash on I-10 in Jackson County. Both westbound lanes of the interstate are blocked near the 62 mile marker just west of Gautier.

    More >>
  • Former Corrections Commissioner Chris Epps to be sentenced

    Former Corrections Commissioner Chris Epps to be sentenced

    Wednesday, May 24 2017 11:13 AM EDT2017-05-24 15:13:17 GMT
    Source: Madison County Detention CenterSource: Madison County Detention Center

    Former Mississippi Corrections Commissioner Christopher Epps will be sentenced today at 9:30 a.m. in U.S. District Judge Wingate's Courtroom. Epps will learn his fate inside federal court today.

    More >>

    Former Mississippi Corrections Commissioner Christopher Epps will be sentenced today at 9:30 a.m. in U.S. District Judge Wingate's Courtroom. Epps will learn his fate inside federal court today.

    More >>
  • Biloxi council discusses homeless shelter proposal

    Biloxi council discusses homeless shelter proposal

    Tuesday, May 23 2017 6:47 PM EDT2017-05-23 22:47:37 GMT
    City council members raised questions about the cost to the city. (Photo source: WLOX)City council members raised questions about the cost to the city. (Photo source: WLOX)

    Biloxi Mayor Andrew "FoFo" Gilich has proposed using the vacant Beauvoir Elementary School building as a service center and temporary shelter for homeless families and individuals.

    More >>

    Biloxi Mayor Andrew "FoFo" Gilich has proposed using the vacant Beauvoir Elementary School building as a service center and temporary shelter for homeless families and individuals.

    More >>
Powered by Frankly