Gas Prices in Lincoln are Up

Gas Prices in Lincoln are Up

Gas Prices in Lincoln are Up

"After taking into consideration all of the above, GasBuddy analysts constructed this forecast for the Canadian average price of gasoline, month-by-month, for 2018". "The cold weather has also played a role, with more crude being needed for production of home heating oil". The price at the pump in MI dropped six cents last week, but at $2.63 is just out of the Top 10 when it comes to the most expensive gas in the country.

In the greater Modesto area Thursday morning, the lowest price was $2.53, offered at Costco in Turlock and the Arco station at 3936 Mitchell Road in Ceres. In The highest price in Colorado on Sunday, as reported by AAA, was $2.95 in Vail.

Gas was selling for $2.39 a gallon at most Duluth stations late last week. The EIA pegged gasoline demand at 9.485 million barrels a day for the week ended December 22, from 9.278 million barrels the same time previous year.

In Rhode Island, gas is four cents above the national average of $2.49, while gas prices are a penny less than the national average in MA.

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According to GasBuddy, they predict that gas is going to jump up 19 cents this year.

"That decision curbed excess supply and began soaking up brimming global inventories of crude oil, at the same time boosting oil prices, which was the major reason for OPEC's decision".

High travel volumes over the holidays are to blame for the slight increase in prices. "Californians today are paying about 60 cents more than the national average, which AAA attributes to the state's strong economy, higher taxes on gasoline and stricter environmental regulations".

"The transition from "winter blend" to "summer blend" gasoline which takes place as refiners perform seasonal maintenance results in a reduction in the amount of gasoline produced and can increase gas prices dramatically", says the report.

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