Fuel Prices Increase Again

  • Fuel Prices Increase Again

    Fuel prices increased again, according to the US Energy Information Administration. The US national average retail fuel price of unleaded gasoline rose 3 cents to $3.13/gallon, a gallon of midgrade rose 3 cents to $3.25, and a gallon of premium rose 3 cents to $3.37. The previous week showed a one cent decrease, but prices have risen 7 of the past 8 weeks.

    Once again the largest fuel price increases were in the Rocky Mountain region, where the average gallon of unleaded gas rose five cents to $2.98/gallon. That region still has the lowest fuel prices in the country, one of only two regions where unleaded remains below $3.00/gallon. The other region below $3.00/gallon is the Gulf Coast, where the average price of unleaded is the lowest in the country at $2.97.

    As for individual states, Minnesota had the only fuel price decrease of the week, where prices dropped by $.01/gallon for unleaded, with an average price of $3.13/gallon. California again has the highest fuel prices in the country where the average price for a gallon of unleaded is $3.39, up three cents from last week.

    Chicago was hit with the highest fuel price increase in the country, where the price of unleaded rose seven cents to $3.31/gallon. Los Angelese and San Francisco were the only two cities with prices above $3.40/gallon, both reporting an average price of unleaded at $3.41/gallon.

    Comments are closed.