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Local gas prices continue to drop

13 December 2017, 06:08 | Melanie Burgess

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Gas Prices Drop in Rockford

Drivers can expect pump prices to continue to drop heading into the holiday season as supply strengthens and fall gasoline demand weakens. The large drawdown demonstrates the US growing export prowess, with EIA reporting that crude exports reached 1.4 million barrels per dayd last week compared to 500,000 barrels per day at the same time a year ago.

Most vehicles showed a modest improvement in fuel economy and performance.

AAA tested Premium and Regular gasoline in six vehicles: a Ford F-150, a Cadillac Escalade, a Mazda Miata, an Audi A3, a Ford Mustang GT and a Jeep Renegade. AAA said the growth in these fundamentals are bearish for longterm oil prices, which analysts from the Oil Price Information Service believe could soon see a significant drop back to $50 per barrel due to reduced global demand during the winter.

After a comprehensive study over the past couple years, AAA says that by using premium, engine performance may be improved "in certain conditions", but overall, motorists were basically giving their money away buying the high-priced petrol instead of regular. But that's just an average.

The most expensive gas price averages in Georgia were in Savannah at $2.37 per gallon, Brunswick at $2.36 and Atlanta at $2.34.

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The small gain in fuel economy is more than outweighed by premium's higher price. Individual drivers - particularly if their driving style can be described as "spirited" - may find an improvement in vehicle driving performance for off-the-line acceleration, highway passing, hill-climbing when loaded with luggage, or towing a trailer; and may determine that their personal driving benefits from the use of premium gasoline.

If you're not sure whether your auto requires or just recommends premium fuel, you can find that information in your manual.

"Horsepower for test vehicles averaged an increase of 1.4%", AAA said.

It's ultimately up to owners to decide if premium fuel is worth it, but choosing regular won't harm engines.

Horsepower for test vehicles averaged an increase of 1.4 percent.



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