The national average gas price increased for the third consecutive week, climbing 4.4 cents from a week ago to $3.44 per gallon, according to GasBuddy.
The national average is up 18.7 cents from a month ago and 1.6 cents per gallon higher than a year ago. U.S. retail gasoline demand saw a rise of 3.1 percent for the week. The national average diesel price declined 2.2 cents last week and is $4.00 per gallon—28 cents lower than one year ago.
GasBuddy’s Patrick De Haan says, “For now, gas prices will likely continue to trend higher, but the fever may break soon.”
Refinery output is starting to increase as the maintenance season comes to an end. When it comes to diesel, above-average temperatures have lowered heating oil demand, and average diesel prices are on the cusp of falling back below $4 per gallon. The most common U.S. diesel price stood at $3.89 per gallon.
