Gasoline prices edge higher as change to summer blends underway coast to coast – By Brian C. Rittmeyer (Triblive) / Mar 13, 2023
With the change to more expensive summer gasoline underway across the country, the national average has increased for the second straight week, an industry analyst said.
Wholesale gasoline prices are increasing at a rate typical for this time of year, said Patrick De Haan, head of petroleum analysis at GasBuddy.
“While oil prices edged slightly lower on weaker outlooks for economic growth, continued refinery maintenance and the higher cost of seasonal blends of fuel are offsetting oil’s decline. The price of diesel, however, continues to slowly decline as we see consumption for diesel lighten up,” he said. “The best news for both gasoline and diesel prices is how significant a drop we’ve seen from year-ago levels, with more disinflation to come in the weeks ahead, even as gas prices are likely to inch up.”
According to AAA, the national average Monday was about $3.47 per gallon. That’s up about 7 cents from a week ago, but about 6 cents less than a month ago and about 85 cents less than a year ago.
