Gasoline prices have been on the upswing for the past three weeks with the price of a gallon on unleaded climbing 9.4 cents to $2.664 for the week ending May 4.
by Staff
May 4, 2015
Photo via Wikipedia.
1 min to read
Photo via Wikipedia.
Gasoline prices have been on the upswing for the past three weeks with the price of a gallon on unleaded climbing 9.4 cents to $2.664 for the week ending May 4.
The weekly increase marked the third consecutive week of increasing gasoline prices, which remain $1.02 lower than a year ago, according to data from the U.S. Energy Information Administration.
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Prices rose across the U.S. with nine of the nine regions tracked showing an increase. The sharpest hike came on the West Coast with a 23.4-cent increase to $3.416. The West Coast without California registered the second-highest increase of 16 cents to $2.909.
Among states, California gasoline remains significantly higher than other states, averaging $3.707 per gallon, according to the AAA's Daily Fuel Gauge Report. Fuel in Hawaii, Nevada, and Alaska also costs more than $3 per gallon. On the lower end of the list, 11 states now have gasoline prices averaging less than $2.40. South Carolina's $2.327 average price is the nation's lowest.
Meanwhile, the average price of a gallon of diesel increased 4.3 cents to $2.854. Diesel fuel is now $1.11 less than it was a year ago.
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