Gas prices drop 15 cents in past week

FORT WAYNE, Ind. (WANE) - Average retail gasoline prices in Fort Wayne have fallen 15.4 cents per gallon in the past week, averaging $3.66 a gallon on Sunday, March 17, 2013 according to GasBuddy's daily survey of 201 gas outlets in Fort Wayne. This compares with the national average that has fallen 1.9 cents per gallon in the last week to $3.65 a gallon according to gasoline price website GasBuddy.com.

Including the change in gas prices in Fort Wayne during the past week, prices Sunday were 18.4 cents per gallon lower than the same day one year ago and are 20.2 cents per gallon lower than a month ago. The national average has decreased 4.1 cents per gallon during the last month and stands 15.0 cents per gallon lower than this day one year ago.

"The national average has seemingly found some relative stability in the last week," said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan. "And while the national average hasn't seen much movement, some areas of the country have seen volatility continue, mainly in the Great Lakes states where prices may again be poised to rise in the next couple of days as wholesale prices reverberate as refineries continue their maintenance schedules and the progressive switch over to summer gasoline continues," DeHaan said.