Pain at the pump: Average price of gasoline nears $3 per gallon

08 May, 2018, 02:03 | Author: Barbara Daniel
  • AAA: 2018 summer driving season could be most expensive in years

But online gas price monitor GasBuddy.com found the average retail gasoline prices in Lansing have fallen 15.8 cents per gallon in the past week, averaging $2.79 per gallon.

Metro Albany drivers got a slightly higher break than the state average over the week, seeing a drop in the average of 2.7 cents a gallon, according to AAA.

Baton Rouge gas prices are significantly lower than the national average which was $2.80 per gallon last week.

AAA's May 7 survey of prices in MA finds self-serve, regular unleaded averaging $2.76 per gallon. "On the week, the national average held steady and 19 state averages remained flat or saw decreases in gas prices".

Crude oil exports were at 2.148 million barrels per day last week. The Tampa-St. Petersburg-Clearwater area and the Orlando market had the least expensive gas in Florida with prices averaging $2.65 per gallon followed by the Melbourne-Titusville market where prices stood at $2.66 per gallon.

According to GasBuddy historical data, gasoline prices on May 7 in Sacramento have ranged widely over the last five years: $2.85/g in 2017, $2.69/g in 2016, $3.54/g in 2015, $4.13/g in 2014 and $3.84/g in 2013. Much will depend on his decision on this subject.

Gas prices around the country have creeped up, mostly due to continuing efforts to switchover stocks to the more expensive summer blend to meet federal mandates by June 1.

The range in prices in the latest AAA survey for unleaded regular is 32 cents, from a low of $2.67 to a high of $2.99. About GasBuddy GasBuddy is the technology company changing the way more than 75 million consumers find, purchase, and save money on gasoline.

Prices will continue to rise, the auto club said, but there are signs that the increases will taper off despite high crude prices and the unofficial Memorial Day start to summer driving season just four weeks away. GasBuddy is available on all mobile platforms.

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