Average gas price back over $2 a gallon
Source: Consumer affairs
With U.S. oil refineries cutting back on gasoline production during spring maintenance, and the switch over to summer blend fuel, the price of gasoline is rising nationwide.
According to the AAA Fuel Gauge Survey, the national Average price of self-serve regular is now at $2.03 a gallon, up a nickel from a week ago but nearly 32 cents higher than last month. AAA says it's the first time this year the average price has exceeded the $2 a gallon mark.
For motorists, there should be no cause for alarm at the sudden increase. The weeks just before the start of the summer driving season tend to be the time when gasoline is most expensive.
Demand begins to increase during this time, and the refineries need several weeks to build up an ample supply of summer-grade gasoline. The fact that many refineries are still conducting maintenance is another contributing factor.
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Read more: https://www.consumeraffairs.com/news/average-gas-price-back-over-2-a-gallon-032516.html
thanks Obama...
forest444
(5,902 posts)It was a good time for Prius dealerships though.
underpants
(182,788 posts)Probably oh on the 16th - payday. Still have 1/2 a tank left-5gallons.
leftyladyfrommo
(18,868 posts)SheilaT
(23,156 posts)I generally only need to get gas every three weeks -- small, fuel-efficient car, small city, don't drive that much unless I'm off on a road trip.
Because of the way I budget, take a fixed sum of cash out of my checking account every week, distribute it among several envelopes, one of which is labelled Gas, the gas money is accumulating nicely. I'm driving to Colorado Springs next month, to Tucson in June, and to Kansas City in August. I should have enough excess gas money to pay for those drives in cash as I go. Nice.
ProfessorGAC
(65,010 posts)It's right at $2.
PaulaFarrell
(1,236 posts)I pay three times that
PasadenaTrudy
(3,998 posts)marlakay
(11,457 posts)I live in highest gas, upper coast northern ca. Lowest was $2.39, $2.56 today.