National Average Gas Prices Surpass Previous Year Averages
This past Saturday, Feb. 6, 2021 was the first time in 340 days the national average was more expensive than a year ago, according to AAA.
This past Saturday, Feb. 6, 2021 was the first time in 340 days the national average was more expensive than a year ago, according to AAA.
The average continued to climb this past week despite a drop in gasoline demand and refinery utilization.
The national average price for gasoline is a nickel more than last week, but is still cheaper year-over-year by 17 cents.
National average diesel fuel prices were $2.67 per gallon as of Jan. 11, according to the U.S. Energy Information Administration.
The average national price for gasoline is 16 cents more than a month ago, but still cheaper than last year by 27 cents.
While the national gas price average is nine cents more than last month, January gas prices are already 33 cents cheaper than this time last year.
Motorists can expect gas prices to rise in the coming week, but still be cheaper than the end of 2019.
The national average for gasoline is 11 cents more expensive than last month, but 33 cents cheaper than last year.
Since the beginning of November, U.S. gasoline demand has softened, and average fuel prices have remained flat at $2.16 on the week.
The national average price for gasoline increased on the week and is at $2.16, however, the average is still cheaper by 42 cents when compared to last year at this time.
National average diesel fuel prices were $2.50 per gallon as of Nov. 30, 2020, according to the U.S. Energy Information Administration. This uptick is higher than prices in late June and late August and is reaching peaks not seen since mid April.
Following the Thanksgiving holiday, the average national price for gasoline is at $2.12, two cents more than a week ago, but still down 46 cents from last year.
This Thanksgiving’s national gas price average is shaping up to be the lowest since 2015 at $2.10.
Despite the weekly increase, gas prices remain cheap both compared to last month and last year.
The national gas price average pushed a penny cheaper on the week to $2.11 following an increase in gasoline stocks and a dip in demand.
WEX Inc. moved its headquarters to the waterfront of Portland, Maine, in March, as the company entered a growth phase that has included three acquisitions this year.
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