Gas Prices in Lincoln are Up

03 May, 2018, 16:01 | Author: Salvatore Jensen
  • Gas Prices in Lincoln are Up

Certainly not the gas price woes that we've felt in the past, but all in all, not a good sign for the driving months ahead.

March and April saw higher demand for gas nationwide, and West Coast states continued to lead the country in gas prices. The nation has 100 million barrels of crude less than a year ago. Gas prices typically rise every April through Memorial Day, as Americans hit the road, then slowly ease downward through September; April already marked a record high for USA consumer gas demand, the EIA says. But the Commonwealth can rejoice in its prices being nowhere near west coast states such as California ($3.616), Hawaii ($3.608) and Washington ($3.293).

The latest from numbers from GasBuddy show that gasoline in Honolulu have gone up more than 3-cents per gallon in the past week. They're ranging from $2.68 to $2.80 per gallon.

The U.S. daily national average for regular gasoline is $2.81 per gallon, as of Monday, April 30. Don't look for prices to drop as we start a new month.

Many Coldwater area stations raised prices this weekend, some by as much as 38 cents, to $2.99 a gallon. Fuel costs are going up, just in time for summer.

Prices throughout western PA are averaging at $3.05.

Crude oil prices are at the highest level in more than three years and expected to climb higher pushing up gasoline prices along the way

Gas prices in south central OH have remained steady. Here in CT, it is much higher.

"Expensive oil means expensive gasoline", he said. Spending by oil companies fell sharply as oil plunged below $30 a barrel in 2016, dragging on US economic growth.

The most expensive gas price averages in Georgia were in Atlanta at $2.76 per gallon, Brunswick at $2.75 and Athens at $2.75.

Total U.S. crude oil output increased to 10.586 million barrels per day. "At these levels, it may shave off a tenth of a percentage point off global growth".

USA oil producers, meanwhile, are sending more of their product outside the country.

The high prices have left some drivers looking for alternatives.




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