Metro Detroit gas prices see sharp increase, highest price in three years

Gas prices inch up across New Mexico

Local Gas Prices Reach Highest Level Since 2016

Prices are at $2.95 per gallon at many outlets while the average price across the state is $2.96 (up 2.9 cents over the past week), according to GasBuddy's daily survey of 5,269 gas outlets in Pennsylvania. Month over month the price is up more than 15 cents a gallon and is almost 33 cents a gallon higher year over year. The national average ticked up a nickel to $2.76, and is 17-cents more expensive than last month and 34-cents more expensive than previous year at this time. "OPEC has been remarkably successful in better aligning supply to demand, draining the crude oil glut, and pushing oil prices to their highest since 2014". "We have several factors in play, so gasoline prices are up a bit".

Florida gas prices have hit a three-year high, according to AAA.

Global tensions or an early storm in the Gulf of Mexico could push prices higher still, but the bottom line is "travelers will likely find the most expensive summer gas prices in four years", he said.

"The road ahead at the pump looks quite ominous if that demand number proves common in the coming weeks", DeHaan said. The rise in gas prices caught the attention of President Donald Trump, who tweeted Friday that OPEC was "artificially" propping up the price. "All signs point to some additional upward movement before prices peak and perhaps drop slightly around Memorial Day into the month of June - all certainly very contingent and subject to any changes from OPEC".

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Prices in southeastern in range from $2.59 at a station in Aurora to $2.85 in Brookville as of Monday morning.

For the second week in a row, gas prices rose in Baton Rouge. An average size tank of gasoline now costs $41 to fill.

"High oil prices are the main reason gasoline is so expensive right now", AAA spokesman Mark Jenkins said.

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