Gas prices remain steady with slight increase

Banking & Financial Services
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Marshall L. Doney President and CEO | AAA, FL

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The national average for a gallon of gas has seen a marginal increase, rising by two cents to $3.52 since last week. The average price has remained around $3.50 per gallon since June 26.

"Some of the uptick in gasoline prices may be due to a reported storm-related outage at the ExxonMobil refinery in Joliet, Illinois. That’s contributing to higher pump prices in the upper Midwest," said Andrew Gross, AAA spokesperson. "Meanwhile, oil prices have fallen quite a bit lately. In April, a barrel of oil was in the upper $80s, but today, it is $10 a barrel cheaper. That might mitigate any upward pressure on pump prices."

For further details and the latest EIA data and oil market dynamics, please visit: https://gasprices.aaa.com/summer-brake-gas-prices-stationary-at-the-station/

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