Ken Grant
Public Relations Manager, DE
O: (302) 299-4251
C: (302) 304-6228
kgrant@aaamidatlantic.com
Jim Lardear
Director, Public and Government Affairs, DE
O: 302-299-4424
C: 302-299-4924
jlardear@aaamidatlantic.com
AAA Mid-Atlantic: Delaware Gas Prices Heading Higher
WILMINGTON, DE (October 25, 2017) – Delaware drivers may have noticed an increase in gas prices while filling up in the last few days. AAA Mid-Atlantic attributes the increase to tighter supply and possible increases in transportation costs. According to Energy Information Administration (EIA) data, gasoline inventories in the East Coast region drew a million barrels last week, putting the total supply on hand at six million barrels lower than this time last year, but on par for the running five-year average for this time of year.
Unlike states that have easy access to gasoline supply via refinery and/or pipeline, Delaware has minimal refining capacity and receives most of their supply via truck, rail and ship. Any tightening in regional supply could mean product has to be transported farther to reach its destination.
“Drivers in the First State who were waiting for gas prices to return to levels seen before Hurricane Harvey made landfall will need to have a bit more patience,” said Ken Grant, manager of Public and Government Affairs for AAA Mid-Atlantic. “On the bright side, the state average price is now 35 cents lower than the post-Harvey high of $2.70.”
CURRENT AND PAST GAS PRICE AVERAGES
Regular Unleaded Gasoline (*indicates record high)
10/25/17
|
Week Ago
10/18/17
|
Month Ago
9/25/17
|
Year Ago
10/25/16
|
|
National
|
$2.46
|
$2.46
|
$2.57
|
$2.23
|
Delaware
|
$2.35
|
$2.28
|
$2.45
|
$2.12
|
Wilmington
|
$2.39
|
$2.34
|
$2.38
|
$2.13
|
Newark
|
$2.35
|
$2.26
|
$2.41
|
$2.06
|
Dover
|
$2.34
|
$2.26
|
$2.38
|
$2.09
|
Milford
|
$2.35
|
$2.26
|
$2.44
|
$2.11
|
Lewes
|
$2.37
|
$2.28
|
$2.41
|
$2.23
|
Laurel
|
$2.31
|
$2.28
|
$2.40
|
$2.13
|
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Jana Tidwell
Public Relations Manager, PA
O: (302) 299-4426
C: (302) 353-6563
jtidwell@aaamidatlantic.com