Gas Prices Inch Up

The national average price for gasoline rose one cent to $2.18, despite a dip in U.S. demand for gasoline and gasoline stocks increasing by 1 million barrels, according to AAA.

The slight drop in demand amid the increase in stocks comes as many states report increases in COVID-19 cases, AAA said.

“Independence Day weekend gas prices were nearly 60 cents cheaper than last year and on top of that, they were the most inexpensive prices seen for the holiday since 2004,” said Jeanette Casselano, AAA spokesperson.

The nation’s largest weekly changes include Florida (up 8 cents), Washington, D.C. (up 6 cents), Nebraska (up 6 cents), Indiana (down 5 cents), South Dakota (up 3 cents), Utah (up 3 cents), Ohio (down 3 cents), Kentucky (down 3 cents), Michigan (down 3 cents) and California (up 2 cents).

Meanwhile, the nation’s least expensive markets include Mississippi ($1.82), Louisiana ($1.84), Arkansas ($1.86), Texas ($1.87), Alabama ($1.88), Missouri ($1.88), Oklahoma ($1.88), South Carolina ($1.91), Tennessee ($1.93) and Kansas ($1.96).

Originally posted on Automotive Fleet