Report: National Gas Prices Up Again After a Brief Decrease

Gas prices have risen again after a short dip nationwide.

According to a report from AAA, the national average for a gallon of regular gas rose four cents over the past week to $4.12.

Fears that less Russian oil will enter the global market are countered by fears of a COVID-caused economic slowdown in China, which is the world’s leading oil consumer. These forces are opposed and causing the oil price to hover around $100 a barrel, according to the report.

The current national average for a gallon of gas, which sits at $4.12, is 12 cents less than it was a month ago. It’s $1.24 more than it was one year ago, at $2.88.

The states with the top three weekly increases are:

  1. Maryland, with a 13-cent increase
  2. Delaware, with a 12-cent increase
  3. Kansas, with an 11-cent increase

The top three least expensive states are:

  1. Georgia, where the price is $3.71
  2. Arkansas, where the price is $3.74
  3. Missouri, where the price is $3.75

https://www.kctv5.com/2022/04/25/report-national-gas-prices-up-again-after-brief-decrease/#:~:text=(Gray%20News)%20%E2%80%93%20Gas%20prices,the%20past%20week%20to%20%244.12.

Author: Donna Montgomery