Gas prices still falling in northern New England

Gas prices still falling in northern New England

Gas prices still falling in northern New England

The national average for a gallon of regular gas fell 1 cent in the past week to $2.46, according to AAA.

This news comes after EIAs latest report showed that US crude stocks fell by 5.6 million bbl.

"Cheaper winter gas prices are being seen for the bulk of the country as gasoline demand declines", said AAA Mid-Atlantic spokeswoman Tammy Arnette.

On average, the vehicles got 2.7% better fuel economy when running Premium gas. The national average has fallen 2.5 cents per gallon in the last week.

"Seasonal trends like reduced gasoline demand and increased fuel supply are allowing pump prices to keep moving lower", said Mark Jenkins, a spokesman for AAA.

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"There's no question that higher-octane premium fuel has the potential to boost a vehicle's fuel economy and performance, however, engines have to be calibrated to require that fuel to see the full benefit", John Nielsen, AAA's Managing Director of Automotive Engineering and fix, said in a statement. The large drawdown demonstrates the USA 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 past year. On average, vehicles produced 1.4% more horsepower using Premium.

The small gain in fuel economy is more than outweighed by premium's higher price. The vehicles AAA tested averaged just a 1.4% increase in horsepower.

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. But most engines are created to run on Regular all the time. That means filling up a 20 gallon tank would cost an additional $10 when using premium fuel.

Since drivers of these vehicles are unlikely to see any benefit from using premium gasoline during typical city or highway driving, a combination of laboratory and on-road tests were performed to simulate extreme driving scenarios such as towing, hauling cargo, and aggressive acceleration.

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