Economy

Average US gas price jumps 7 cents to $2.65 for regular

Average US gas price jumps 7 cents to $2.65 for regular”

As a result, the average price in Florida for a gallon of unleaded regular dropped 4 cents since Thursday and averaged $2.64 on Monday.

A year ago at this time, the average price in MA was 37 cents lower at $2.19. The national average has increased 3.7 cents per gallon during the last month and stands 29.4 cents per gallon higher than this day one year ago. For 78 percent of states, that meant gas prices were less expensive than the previous Monday, according to AAA.

$2.15/g in 2017, $1.69/g in 2016, $2.07/g in 2015, $3.22/g in 2014 and $3.43/g in 2013. The lowest was in Tucson, Arizona, at $2.26 a gallon.

In Kern County, the average price is $3.30, which is slightly less than the state average.

Читайте также: Texas teacher dies from flu after deeming antiviral drug too costly

"The rise in prices in MA stands in contrast with much of the country which this week is seeing stable or declining prices", said Mary Maguire, Director of Public and Legislative Affairs, in a media release.

"It's too soon to know if this will hold", she added. Industry analyst Trilby Lundberg told the Associated Press that the increase is due to higher crude oil costs. The U.S. average was $2.60. The cheapest gas was $2.57 in Pensacola and Tallahassee.

Compared to one month ago, MI (-16 cents), OH (-13 cents), IL (-12 cents), IN (-11 cents) and Kentucky (-5 cents) are five of only six states IN the country that are paying less at the pump.

Gasoline inventories in the region have built every week this year according to EIA reports. These states have seen very volatile gas prices since January. With a build of almost 1 million bbl, gasoline inventories total 57 million bbl this week.

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