Gasoline Price Continues Rise in San Diego County

13 January, 2018, 00:29 | Author: Lester Mason
  • GasBuddy Predicts Jump in Price

Gas in Rhode Island is 7 percent higher than at this time past year when prices were averaging $2.35 per gallon, a difference of 18 cents.

And then a combination of factors will contribute to hikes as high as 50 cents a gallon during the spring, Jenkins said. At the start of 2018, motorists in the Northeast, South and the upper Midwest are seeing pump prices as much as 13 cents more expensive than one week ago.

Los Angeles is also expected to have one of the highest prices of gas in the nation at around $3.25 per gallon. It's only a few pennies, but usually gas prices are dropping this time of year.

GasBuddy's forecast does not expect record-breaking prices this year, and most of the country will see prices peak under $3 per gallon.

"Last year was a historic travel season, with AAA forecasting record travel numbers for almost every holiday", Michael Blasky, a spokesman for AAA Northern California, said in the release.

When it comes to gas prices, the good news is that they've been dropping in recent weeks.

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The range in prices in the latest AAA survey for unleaded regular is 48 cents, from a low of $2.31 to a high of $2.79.

Sunday national gas price average is $2.49, which unchanged in the last week, up a penny in the last month and 12 cents higher than this time previous year. This is the highest that the gas prices have been since 2014.

The national gas price average has held at $2.49 for nine consecutive days.

Although we're in the dead of winter, gasoline prices have bumped up in the last week.

Crude prices and output aren't the only influences on the gasoline market - demand and production play big parts too. They do not think that the gas prices will go above $3. In The highest price in Colorado on Sunday, as reported by AAA, was $2.95 in Vail.

In GasBuddy's 2018 Fuel Price Outlook, September is predicted to be the most expensive month at $1.24 while January should be easiest on the wallet at an average of $1.13.

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