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U.S. Gasoline Prices Rise to 6-Month High
Average gasoline prices in the U.S. are at $2.22 per gallon, up 16 cents from a month ago, according to the AAA Daily Fuel Gauge Report.
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Average gasoline prices in the U.S. are at $2.22 per gallon, up 16 cents from a month ago, according to the AAA Daily Fuel Gauge Report.
The national average has been above $2 per gallon for 40 consecutive days. But it’s still 39 cents below the price at this time last year. U.S. fuel prices typically rise in spring as refiners switch to more costly summer blends, then begin a slow decline in August or September.
AAA says April’s average of $2.10 is the lowest for the month since 2009. The month’s most expensive states were California ($2.80 per gallon) and Hawaii ($2.58). The lowest average prices for April were for Oklahoma ($1.96) and Texas ($1.98).
Gasoline prices are 52 cents per gallon higher than this year’s low of $1.70 in mid-February. AAA notes that costs are rising in part because fuel demand is up nearly 6% compared with a year ago.
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