Gas Prices Up 5 Cents in Last 30 Days
Gas Prices Up 5 Cents in Last 30 Days, Good and Bad News for California Gas Prices
Gas prices are currently on a slightly upward trend. The average price for a gallon of regular unleaded gas is currently $3.68, up 5 cents since 30 days ago, and 3 cents since one week ago, according to the AAA Fuel Gauge Report. The reasons gas is slowly creeping back up after a two-month decline include: the faltering Greek economy, a weaker US dollar, unrest in Libya, increasing demand for gas and limited production from refineries.
Gas prices in California have remained unusually low, when compared to other states in the US. Typically California has the highest gas prices in the continental US, but several other states currently have higher prices such as Connecticut, Washington, New York and Washington D.C. The average price in California is $3.782 today, a 2 cent increase since last week.
For Californians there is good and bad news, gas still costs 14.4 cents less than it did a month ago, according to AAA’s Daily Fuel Gauge Report. However, it’s still 67.3 cents more expensive than it was a year ago.