Gasoline Prices Continue Upswing to $2.69 Per Gallon
The average price of a gallon of unleaded rose 2.7 cents to $2.691 for the week ending May 11, marking a month-long run of rising prices, according to federal records.
by Staff
May 12, 2015
Photo via Wikipedia.
1 min to read
Photo via Wikipedia.
The average price of a gallon of unleaded rose 2.7 cents to $2.691 for the week ending May 11, marking a month-long run of rising prices, according to federal records.
With the increase, gasoline prices now stand 97.7 cents lower than a year ago, according to the U.S. Energy Information Administration.
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Prices rose in nine of the nine regions tracked with the sharpest increase coming in the Rocky Mountain region of 6.7 cents to $2.634. Gasoline on the West Coast remains the most expensive at $3.444 with California and $2.948 with the state excluded. Gulf Coast gasoline is the cheapest at $2.436 on average.
Among states, five now have gasoline prices of at least $3 per gallon, including California ($3.717), Hawaii ($3.226), Nevada ($3.218), Alaska ($3.153), and Oregon ($3.001). Fourteen states now have gasoline costing less than $2.50 with South Carolina ($2.366) again at the end of the list, according to AAA's Daily Fuel Gauge Report.
Meanwhile, diesel prices increased 2.4 cents to $2.878 per gallon. Diesel now costs $1.07 less than a year ago. Diesel prices also increase in nine regions.
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