Fuel Prices Increase Again – 8th Time In 9 Weeks

  • Fuel Prices Increase Again – 8th Time In 9 Weeks

    Fuel prices increased yet again, according to the US Energy Information Administration. The US national average retail fuel price of unleaded gasoline rose 1 cent to $3.14/gallon, a gallon of midgrade was unchanged at $3.25, and a gallon of premium rose 1 cent to $3.38. Prices have now risen 8 of the past 9 weeks.

    The largest fuel price increases were on the West Coast, where the average gallon of unleaded gas rose five cents to $3.38/gallon. With the three cent increase in the Rocky Mountain and Gulf Coast regions, the average price for unleaded gas is now above $3.00/gallon in every region of the country. Only the Midwest region saw their average unleaded fuel price decrease, down three cents to $3.09/gallon.

    As for individual states, Ohio had the largest fuel price decrease of the week, where prices dropped by $.13/gallon for unleaded, with an average price of $2.99/gallon.

    After seeing a seven cent price increase for unleaded the week before, Chicago fuel prices dropped by three cents this week to $3.28/gallon.

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