Tuesday 07 February 2012

Gas Prices Rise Six Cents Over The Past Week, Now Average $2.50 Per Gallon

Average retail gasoline prices in Houston and the Katy area have risen 6.0 cents per gallon in the past week, averaging $2.50 per gallon today.

This compares with the national average that has increased 3.4 cents per gallon in the last week to $2.70 cents per gallon, according to HoustonGasPrices.com.

Including the change in gas prices in Houston during the past week, prices today are 75.0 cents per gallon higher than the same day one year ago and 3.6 cents per gallon higher than a month ago.

The national average has increased 3.9 cents per gallon during the last month and stands 78.6 cents per gallon higher than this day a year ago.

“Average gasoline prices have increased nearly ten cents over the last week for much of the United States. With warmer weather approaching, prices will climb even further”, said Patrick DeHaan, GasBuddy.com senior petroleum analyst. “A major reason for the rise is that refiners will soon begin maintenance to prepare for the summer driving season, cutting into supply. Some areas of the country are already moving towards more expensive, cleaner burning summer fuels, boosting prices at the pump.”

HoustonGasPrices.com is part of a 200-website national gas tracking and analysis organization operated by GasBuddy.com.

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