Another Round of Gas Prices Going Up

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Northeast Ohio gas prices are up more than 11 cents to $3.279 as 13.9 million drivers in the East North Central region (OH, IL, IN, MI, WI) embark on their holiday travel trip.

On the National Front

The national average price of gas has been ticking higher in the days leading up to Christmas. The low for 2013, which was also the lowest price since February of 2011, came on November 12 when the national average registered $3.18 per gallon.

Today’s national average price at the pump is $3.258 per gallon; almost two cents less expensive than one month ago, but up nearly four cents from last week and up a penny from the same date last year.

Even with the national average again on the rise, motorists across the country are experiencing different levels of pain at the pump versus last year’s holiday travel period.

After posting some of the lowest wholesale prices in the nation this fall, gas prices in the Midwest have jumped over the last week due to a number of refinery issues, and retail prices in that region have risen as a result.  The ten highest one-week increases are all in the Midwest, including three states where prices have surged a dime or more: Minnesota (+10 cents), Michigan (+11 cents) and Ohio (+13 cents).

 

SOURCE: 19ActionNews.com

Article and Picture Courtesy of WOIO 19 Action News

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