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Gas prices dip in Lansing area

Gas prices dip in Lansing area”

Anchorage- $2.75/g, up 1.3 cents per gallon from last week's $2.74/g.

Last year, Pittsburgh-area prices increased 73 cents from late-February to mid-June.

"Gas prices rose on the wave of rising oil prices last week, pushing pump prices slightly higher in some regions before eventually stalling out over the weekend", AAA spokesman Mark Jenkins said.

Austin- $2.22/g, up 3.8 cents per gallon from last week's $2.18/g.

Last Wednesday's weekly report from the Energy Information Administration highlighted a larger than expected drop in crude oil inventories and gasoline inventories, which continues to weigh on markets.

Huntsville- $2.18/g, up 4.0 cents per gallon from last week's $2.14/g.

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"We're still moving into the more-expensive summer blend gas and there are some global issues going on with OPEC", Hiltz said.

Patrick DeHaan, a Senior petroleum analyst for GasBuddy.com, thinks gas prices will go up in the next couple of days due to price cycling. Gas stations in the Dickinson, Bismarck and Minot metro areas hovered around $2.39 per gallon, according to GasBuddy.

Including the change in gas prices in Texas during the past week, prices yesterday were 36.7 cents per gallon higher than the same day one year ago and are 18.4 cents per gallon higher than a month ago.

AAA says fuel prices have been moving higher the past two weeks on higher crude oil prices, continued refinery maintenance, the introduction of higher-priced summer blends of fuel and a seasonal increase in demand. States posting the highest prices are Hawaii ($3.074 a gallon), California ($3.007), Washington ($2.892), Alaska ($2.849) and OR ($2.748).

The cost of a gallon of gasoline in Rhode Island is up another 6 cents in the past week, to its highest level since early January.



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