Picture: AAA
The common nationwide worth for gasoline is at its highest in 10 months, reaching $2.31, inching up six cents after maintaining regular by means of the top of 2020, in line with AAA.
The common is 16 cents greater than a month in the past, however nonetheless cheaper than final yr by 27 cents.
Pump costs have elevated regardless of fuel demand falling from 8.1 million barrels per day to 7.4 million per day — the bottom stage recorded for the reason that finish of Could 2020, in line with the Vitality Info Administration’s (EIA) newest weekly report.
“Fuel costs are rising as provide tightens and crude oil will get costlier. Reducing demand is outweighed by these different elements in the intervening time,” stated Jeanette Casselano McGee, AAA spokesperson. “Final week crude oil pushed to the best worth since earlier than the pandemic. If crude costs stay excessive, People can anticipate to pay extra on the pump this month.”
On the week, all state fuel worth averages are costlier with almost 30 state averages growing by at the very least a nickel.
The nation’s prime 10 largest weekly will increase embody West Virginia (up 17 cents), New Mexico (up 11 cents), Florida (up 10 cents), Kentucky (up 9 cents), Tennessee (up 9 cents), South Carolina (up 9 cents), Arkansas (up 8 cents), North Carolina (up 8 cents), Missouri (up 8 cents) and Ohio (up 8 cents).
The nation’s prime 10 least costly markets have been: Mississippi ($1.99), Texas ($2.01), Louisiana ($2.02), Missouri ($2.03), Oklahoma ($2.03), Kansas ($2.06), Arkansas ($2.07), Alabama ($2.08), South Carolina ($2.10) and Tennessee ($2.13).
