Prices at the pump have at least stabilized for the holiday week ahead

Jim Hanzo
June 29, 2018 - 11:02 am

Are gas prices beginning to stabilize as we head into the long Independence holiday?  

Since the 4th of July falls on a Wednesday, many will be taking the whole week off and that means leaving for the beaches or other destinations as early as this weekend.  

Gas prices will be much higher this year than last year at this time. 

"The price is still about 50 cents higher than last year," said AAA's Don Redman.  

 But Redman says rising gas prices have stabilized a bit.

"According to the U.S. Department of Energy we've seen the stockpile increase in terms of refined gasoline on the gulf coast and that's actually driven those prices down," Redman adds.  "We're looking currently at a statewide average of about $2.57 a gallon, almost 10 cents cheaper than we were a month ago."  

And if you're heading to the Florida beaches, you can expect to pay a bit more than in Louisiana.  

"Expect to pay higher prices, that's just typical of Florida from the rest of the gulf coast," he added. 

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