Gasoline prices have gone up across the country over the past week, and drivers planning to head out of town for spring break sometime during the next two months will likely see prices that are higher still. The national average price for a gallon of gas climbed to $3.338 on Thursday, its highest level of the year. It was 5.4 cents higher than a week ago and was up over 20 cents in February compared with the previous month, according to data compiled by GasBuddy.
Prices as of Thursday afternoon were the highest in California, where drivers are paying an average of $4.731 per gallon, followed by Washington and Nevada at $4.094 and $3.959, respectively. Other states that have an average retail gasoline price of over $3.40 a gallon include Oregon, Illinois, Michigan, Indiana and Pennsylvania, according to data from GasBuddy. The upward trend is likely to continue as travelers start hitting the roads this spring, said Aixa Diaz, a spokesperson for AAA. “Historically, March and April bring higher gas prices as demand rises,” she wrote in a press release on Thursday. “With milder temperatures come more road trips, and this time of year tends to be a precursor to the summer driving season.” Gas demand increased to 8.41 million barrels per day in the week ending Feb. 23, up from 8.33 million barrels in the previous week. Total domestic gasoline stocks declined by 2.8 million barrels to 244.2 million barrels over the same …
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Prices as of Thursday afternoon were the highest in California, where drivers are paying an average of $4.731 per gallon, followed by Washington and Nevada at $4.094 and $3.959, respectively. Other states that have an average retail gasoline price of over $3.40 a gallon include Oregon, Illinois, Michigan, Indiana and Pennsylvania, according to data from GasBuddy. The upward trend is likely to continue as travelers start hitting the roads this spring, said Aixa Diaz, a spokesperson for AAA. “Historically, March and April bring higher gas prices as demand rises,” she wrote in a press release on Thursday. “With milder temperatures come more road trips, and this time of year tends to be a precursor to the summer driving season.” Gas demand increased to 8.41 million barrels per day in the week ending Feb. 23, up from 8.33 million barrels in the previous week. Total domestic gasoline stocks declined by 2.8 million barrels to 244.2 million barrels over the same …nnDiscussion:nn” ai_name=”RocketNews AI: ” start_sentence=”Can I tell you more about this article?” text_input_placeholder=”Type ‘Yes'”]