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Federal officials have raised their expectations for diesel and gasoline prices this year and are predicting even larger hikes coming for 2017, according to a new report from the U.S. Department of Energy.
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The national average price for a gallon of regular unleaded fell 2 cents to $2.22 for the week ending May 9, according to federal data.
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The average price of a gallon of unleaded increased 7.8 cents to $2.24 for the week ending May 2, according to federal records.
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The national average price for a gallon of unleaded gasoline increased 2.5 cents to $2.162 for the week ending April 25, as the fuel has seen incremental hikes heading into the summer driving season, according to federal data.
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The U.S. Senate has approved an energy bill that reauthorizes a federal program that works with truck manufacturers and suppliers to improve fuel efficiency.
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The national average price of a gallon of unleaded gasoline increased 6.8 cents to $2.137 for the week ending April 18, federal records show.
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A new fuel price forecast from the U.S. Energy Department shows little change from expectations a month ago for the price of diesel, but the outlook for gasoline has moved a little higher.
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The national average price for a gallon of unleaded gasoline fell 1.4 cents to $2.069 for the week ending April 11, according to federal records.
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The national average price of a gallon of unleaded gasoline increased 1.7 cents to $2.083 for the week ending April 4, according to federal records.
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The national average price of a gallon of unleaded climbed 5.9 cents to $2.066 for the week ending March 28, continuing a month-long trend of increasing fuel prices, according to federal data.
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