May 23, 2018

Gas prices hit $3 locally

16 May 2018, 01:34 | Winifred Adams

Roseville Gas Prices Driving Higher

Gas prices rose to $3.09 a gallon at the West Side Shell station at the cover of US 12 and Western Avenue in Coldwater Michigan

Gas prices soared about 7 percent recently in Cambria.

Sacramento, CA, May 14- Average retail gasoline prices in Sacramento have risen 3.3 cents per gallon in the past week, averaging $3.55/g yesterday, according to GasBuddy's daily survey of 720 gas outlets in Sacramento.

With sanctions expected to be back in place within the next three to six months, Iran's crude exports are forecasted to decrease, pushing oil prices higher, AAA said.

Areas near Texas and their current gas price climate: Midland Odessa- $2.90/g, up 5.2 cents per gallon from last week's $2.85/g. Nationwide, it's quite a bit lower at $2.88, according to AAA.

Oil prices have risen over the late spring as supplies have gotten tighter and demand has increased.

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Prices on Sunday were 49.1 cents per gallon higher than the same day a year ago and are up 17.7 cents from a month ago.

Gas prices right now are 53 cents higher than they were the same time a year ago. Of course the rising prices will mean more pain at the pump just as the summer driving season is getting underway. The national average for gas is $2.89 per gallon, so we're not much higher. unlike California where they are already paying over $3.60 a gallon.

Florida's most expensive gas is unfortunately right here in Tallahassee and in West Palm Beach.

Planning to travel this summer? That had led to gas prices being down the past couple of years.

"This is continuing to be more so about OPEC's long-standing production cuts that have removed the glut out of crude oil".

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