Chairman Ben Bernanke told Congress Wednesday that the U.S. job…
Yahoo is buying online blogging forum Tumblr for $1.1 billion …
Advertisement
Gas prices expected to rise in the coming weeks
Updated: Monday, 30 Jul 2012, 10:18 AM EDT
Published : Monday, 30 Jul 2012, 10:03 AM EDT
Average retail gasoline prices in Fort Wayne have risen 9.7 cents per gallon in the past week, averaging $3.48 a gallon on Sunday, July 29. This compares with the national average that has increased 0.4 cents per gallon in the last week to $3.50 a gallon according to gasoline price website FtWayneGasPrices.com.
Including the change in gas prices in Fort Wayne during the past week, prices Sunday were 26.7 cents per gallon lower than the same day one year ago and are 27.8 cents per gallon higher than a month ago. The national average has increased 12.1 cents per gallon during the last month and stands 20.2 cents per gallon lower than this day one year ago.
"While motorists in many regions saw gasoline prices stabilize over the last week, it's only a matter of time before last week's rise in wholesale prices translates to a continued march higher on the retail level," said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan. "The late week rally in stocks seemed to also fuel commodities higher, leading me to believe that pump prices will again pick up over the next week," DeHaan said.
Ground rules for posting comments: No profanity or personal attacks. No racially charged comments. If it's not something you would say to someone's face, it's most likely inappropriate. Please comment on the subject of the story itself. If you do not follow these rules, we will remove your post. Repeat offenders will be banned from making future comments. Keep it civil, folks! WANE is not responsible for the content posted in this comment section.
Email This
Print This
View Story on a Single PageAdvertisement
Advertisement
Advertisement
