Little change in northern New England gas prices

21 March, 2017, 00:57 | Author: Essie Rivera
  • Little change in northern New England gas prices

The national average was $2.29 on Monday, remaining about where it has been for the past few weeks.

According to AAA, the average price of gas jumped 15 cents per gallon between February and March. Ohio's prices rose 7.4 cents per gallon from the previous week.

"Gas prices are falling now, but fundamentals are pointing higher", said Mark Jenkins, AAA spokesman.

In the survey, GasBuddy officials say average gas prices in IL have risen 2.9 cents in the last week to $2.35 per gallon.

Rochester's neighbors to the west, in Buffalo, are paying $2.39 per gallon, while Syracuse drivers are paying $2.27 per gallon this week, GasBuddy reported.

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The national average on Monday was $2.29.

But DeHaan sees higher prices ahead. Prices have declined 14 of the last 16 days across the country.

The highest prices are in San Francisco, while the lowest in the Bay Area are in Concord and Vallejo, where they're averaging $2.92 for a gallon of regular. Nationally, the average cost is $2.29, which was the same as last week. "Although it could take several weeks, analysts believe oil prices could recover by the time OPEC meets again in May".

The five states where prices fell the most were Iowa (down 3.6 cents), Oklahoma (2.8 cents), Kansas (2.7 cents), SC (2.6 cents) and Wisconsin (2.6 cents).

DeHaan noted that while a drop in gas prices are welcome among drivers, prices are almost guaranteed to rebound well in time for Memorial Day and the start of the summer driving season.

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