CStore Decisions

  • Home
  • Today on CSD
  • Categories
    • CBD
    • Foodservice
    • Fuel & Gas
    • Health & Beauty
    • Independent Operators
    • Operations & Marketing
    • Technology
  • CStore Playbooks
    • CBD Playbook
    • Foodservice Playbook
    • Technology Playbook
    • Alcoholic Beverage Playbook
    • Tobacco Playbook
  • Products
    • Hot New Products Contest
    • Beverages & Cold Vault
    • Candy, Gum & Mints
    • Snacks
    • Tobacco
  • Resources
    • Digital Issues
    • Research & Downloads
    • Podcasts/How To Series
    • On Location
    • FAQ
    • 2022 Top 111 Chains
    • Leaders in Convenience
    • Rack Prices
    • Sponsored Content
    • Videos
    • Webinars / Digital Events
    • White Papers
  • Events
    • 2021 Chain of the Year
    • Convenience Directions
    • NAG Convenience Conference
    • Young Executive Organization
  • Join
    • National Advisory Group
    • Safe Shop Assured
    • Young Executive Organization

Gas Prices Trend Upward

By CSD Staff | April 12, 2017

Share

Ongoing tension in the Middle East along with a switch to summer-blend gasoline are behind the uptick.

The national average price for a gallon of regular unleaded gasoline hit $2.39 on April 10, a six-cent increase from the previous week and 35 cents greater than this time last year, according to AAA. It marks the highest national average price so far in 2017.

Some 48 states and Washington D.C. are seeing higher pump prices driven by the change to more expensive summer-blend gasoline and an uptick in driving.

South Carolina ($2.11) has the least expensive gas in the nation, and Hawaii ($3.04) has the most expensive fuel prices. Kentucky saw the largest weekly increase in gas prices (+15 cents) followed by Florida (+12 cents) and Michigan (+12 cents).

AAA noted that pump prices in some West Coast states will likely hit the $3 per gallon mark by July. Gas prices in the Rockies, meanwhile, remain the most stable in the nation, with gas prices changing by only a few cents except in Colorado where prices increased seven cents over last week due to planned refinery maintenance.

Five Great Lakes and Central states saw some of the country’s most significant gas price increases. Despite having the lowest gas prices in the nation, the South and Southeast did see some big spikes in the region, such as Kentucky at an increase of 15 cents a gallon. Even as South Carolina jumped seven cents to $2.11, it still has the least expensive average in the country. Mid-Atlantic and Northeast also saw price fluctuations and will continue to see an increase in price this week.

Crude oil futures opened Monday trading at their highest level in more than a month as a result of ongoing tensions in the Middle East, including the shut down of an oilfield in Libya on Sunday after an armed group blocked a pipeline leading to an oil terminal, which could impact global supply, AAA reported.

 

 

 

Related Articles Read More >

Yesway Opens Three Texas Stores
Americans Plan to Roadtrip More than Last Summer
Marathon to Help Build School Classroom For Low-Income Families
What’s Your Cryptocurrency Strategy?
Safe Shop Assured

CStore Decisions Newsletter

Sponsored Content

  • Create Some Positivity at the Pump: 3 Ways to Fuel Customer Experiences
  • How Minuteman Food Mart Ensures a Consistent Customer Experience Across 44 Stores
  • Three Challenges Disrupting C-Store Operations and How to Overcome Them
  • Why Wait? Converting to E15 is easy.
  • It’s time you profited from your checkout line

Get the Magazine

Subscribe Now!
Subscribe Now!

Manage Current Subscription
CStore Decisions
  • New CSD Print Subscription
  • Manage current print subscription
  • CBD Retail Trends
  • CStore Products
  • NAG Convenience Conference
  • Convenience Directions
  • Rack Prices
  • Subscribe to CSD’s E-Newsletter
  • About CStore Decisions
  • Advertise

Copyright © 2022 WTWH Media LLC. All Rights Reserved. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of WTWH Media
Privacy Policy | Advertising | About Us

Search CStore Decisions

  • Home
  • Today on CSD
  • Categories
    • CBD
    • Foodservice
    • Fuel & Gas
    • Health & Beauty
    • Independent Operators
    • Operations & Marketing
    • Technology
  • CStore Playbooks
    • CBD Playbook
    • Foodservice Playbook
    • Technology Playbook
    • Alcoholic Beverage Playbook
    • Tobacco Playbook
  • Products
    • Hot New Products Contest
    • Beverages & Cold Vault
    • Candy, Gum & Mints
    • Snacks
    • Tobacco
  • Resources
    • Digital Issues
    • Research & Downloads
    • Podcasts/How To Series
    • On Location
    • FAQ
    • 2022 Top 111 Chains
    • Leaders in Convenience
    • Rack Prices
    • Sponsored Content
    • Videos
    • Webinars / Digital Events
    • White Papers
  • Events
    • 2021 Chain of the Year
    • Convenience Directions
    • NAG Convenience Conference
    • Young Executive Organization
  • Join
    • National Advisory Group
    • Safe Shop Assured
    • Young Executive Organization