(GasBuddy) The nation’s average gas price has increased 0.6 cents from a week ago and stands at $3.38 per gallon Monday according to GasBuddy data compiled from more than 11 million individual price reports covering over 150,000 gas stations across the country. The national average is up 19.5 cents from a month ago and $1.26 per gallon higher than a year ago. The national average price of diesel has risen 3.7 cents in the last week and stands at $3.62 per gallon.

“The jump in gas prices that started nearly a month ago is finally running out of steam for the time being, as oil prices have stabilized. Yet, some areas of California are still at or near all-time record highs for prices,” said Patrick De Haan, head of petroleum analysis for GasBuddy. “While California’s high prices will not become a nationwide norm, prices there will likely remain elevated due to refinery issues amidst the surge of rain and other…

Read more…

Share.

Comments are closed.