Gas prices up 23 cents from last month, “bumpy road ahead”

Gas prices up 23 cents from last month, “bumpy road ahead”
A petroleum analyst for GasBuddy said drivers will see a brief respite from rising gas prices. (Source: kauz)

(KFVS) - GasBuddy released its weekly fuel prices trend for regular unleaded gas in the U.S.

As of Monday morning, March 22, the nationwide national average was $2.86 per gallon, which is up 23.4 cents at this time last month and 79.5 cents from a year ago.

The following chart shows average fuel prices per gallon in Missouri, Illinois, Kentucky and Tennessee:

State Average price 3/22 Last week’s average Last month’s average Price average last year
Illinois $3.068/gallon $3.046 (up 2.2 cents) $2.766 (up 30.2 cents) $2.048 (up 102.0 cents)
Kentucky $2.758/gallon $2.695 (up 6.3 cents) $2.442 (up 31.6 cents) $1.814 (up 94.4 cents)
Missouri $2.690/gallon $2.664 (up 2.6 cents) $2.402 (up 28.8 cents) $1.843 (up 84.7 cents)
Tennessee $2.687/gallon $2.661 (up 2.6 cents) $2.385 (up 30.2 cents) $1.855 (up 83.2 cents)

A petroleum analyst for GasBuddy said drivers will see a brief respite from rising gas prices.

“While gas prices still rose in a majority of states last week, we may see some price decreases in the week or weeks ahead, even as U.S. gasoline demand continues to rally to the highest level since the pandemic started nearly a year ago,” said head of petroleum analysis for GasBuddy Patrick De Haan. “It’ll be a bumpy road the next few weeks as markets sort out the bearish and bullish factors, but I still believe prices will likely experience more upward momentum ahead of Memorial Day.”

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