Gas Prices Rise 0.6 Cents In Chattanooga

13 January, 2018, 00:30 | Author: Valerie Burke
  • Bloomberg New Energy Finance’s Shunondo Basu rising energy prices as a

The average price of a gallon of self-serve regular gasoline in San Diego County rose 1.1 cents Monday to $3.193, one day after rising one cent.

The average price for a gallon of regular unleaded in Modesto on Thursday morning was $2.92, compared to $2.60 a year ago, according to www.modestogasprices.com, which is part of GasBuddy.

The average price has risen 12 of the past 13 days, increasing 10.8 cents. "Prices at the pump are higher than they were almost all of last summer, mainly because oil prices remain high and due to the extreme cold weather that caused some snafus at refiners".

"That is called the 'spread, ' and we've noticed it getting wider in recent years, which is why pump prices seem to change so often", DeHaan said.

Gas prices have ticked up two cents per gallon in Rhode Island.

Edmonton could see one of the lowest daily averages for gasoline, between $1.25 and $1.31.

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However, because of the build of inventories of refined products within the last week DeHaan believes that there's a high possibility that the national gas average will fall toward the end of January. By AAA's account, there were no major supply issues, though the regional market is running a 7 billion barrel deficit for gasoline supplies when compared with a year ago. This will be the highest jump since 2014, although, no record highs are expected.

AAA found regular gas in MA for sale as cheaply as $2.31 per gallon and as expensive as $2.79 per gallon.

Severe winter weather put a strain on the USA energy grid, but low consumer demand for gasoline left the price at the pump stable, market reports found.

The last time Californians began a year paying more than $3 for gas was in 2014, when the average price in January was $3.62, AAA reported.

But McTeague admitted regardless of prices, drivers will likely continue to fuel up in 2018, albeit with a grumble.

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