GasBuddy Weekly Gas Prices: Week of July 14th
The national average price of gas increased 2.0 cents to $3.11. The national average is down -0.5 cents from a month ago and down -37.9 cents from a year ago. The national average price of diesel has increased 3.2 cents in the last week and stands at $3.676 per gallon. The median U.S. gas price is $2.98 per gallon, down -1.0 cents from last week and about -13 cents lower than the national average.
- GasBuddy: “With oil prices posting a modest uptick last week, the national average price of gasoline also inched slightly higher, with just over half of U.S. states seeing increases, while nearly two dozen saw declines. As we approach the midpoint of the summer driving season, gasoline inventories remain just below average, while diesel inventories are considerably tighter — keeping upward pressure on diesel prices. While renewed tariff discussions could weigh on oil markets due to concerns about economic growth, absent any major developments, we expect the national average to remain rangebound in the low-$3 per gallon area, where it has spent much of the summer.“