1srelluc
Diamond Member

Gas price spike expected
The price of a gallon of gas spiked nearly a dime this week. The average price in the region rose to $3.71 while the average in Warren rose to $3.75, according to the AAA East Central Gas Price Report. The trend held across the country as the national average rose seven cents to $3.46. “With […]
The price of a gallon of gas spiked nearly a dime this week.
The average price in the region rose to $3.71 while the average in Warren rose to $3.75, according to the AAA
East Central Gas Price Report.
The trend held across the country as the national average rose seven cents to $3.46.
“With the cost of oil crossing the $80 per barrel mark and gas demand popping as spring approaches, these seasonal increases are expected,” the report detailed. “Another critical factor is the arrival of more expensive summer blend gas in some markets, which tends to increase pump prices by 10 to 15 cents.
Oil prices rose after Ukrainian drones hit Russian refineries.
“The extent of the damage is unclear, but repairs could curtail Russian petroleum product exports, including diesel, and lead Russia importing products it needs,” the report explained.
I was wondering what happened.....Last week gas was $3.28.....Then $3.39.....This morning it's $3.50.
Oil is at around $86 a barrel.