Thursday, 19 April, 2018

Arizona Gas Prices on the Upswing Featured font size +

Gas Prices Drop Over the Week Still Higher than National Average Arizona Gas Prices on the Upswing Featured font size +
Melissa Porter | 06 March, 2018, 11:21

"Despite the rough ride crude oil received in the latter half of last week, gasoline prices managed a rally, pushing the national average for the week into positive territory for the first time in a month".

AAA Northeast said Monday in its weekly survey that self-serve, regular unleaded is averaging $2.56 per gallon.

While gas prices are 8 cents cheaper than last month, they are 22 cents more expensive than this time a year ago, the motor club said. Brent crude, the global standard, rose 54 cents to $64.37 a barrel.

Including the change in gas prices in Lansing during the past week, prices yesterday were 1.3 cents per gallon higher than the same day one year ago and are 15.3 cents per gallon lower than a month ago.

Terry Richards is senior reporter at The Valdosta Daily Times.

"Typically, March brings more expensive pricing as days get longer, weather gets warmer and refinery's gear up to switchover to pricier summer blends", she added. The national average has decreased 8.3 cents during the last month and stands 21 cents per gallon higher than this day one year ago. OH saw the largest jump at the pump, up nine cents per gallon this week. indiana is up eight cents, followed by Georgia, up five cents.

The nation's top ten most expensive markets are: Hawaii ($3.50), California ($3.35), Alaska ($3.06), Washington ($3.00), OR ($2.90), Nevada ($2.79), Pennsylvania ($2.79), Washington, DC ($2.73), NY ($2.71) and CT ($2.69).

Alaska and MI join Kansas with four-cent increases. Prices are about 11 cents more than at the same point past year.

With a 1.8 million bbl build, gasoline inventories in the South and Southeast region total at 85.3 million bbl.