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Motorists Paying Slightly More At Pump This Week

by The Virginian Review
in News
March 20, 2021
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RICHMOND — Motorists are paying more to fill up this week in nearly 30 states, with the vast majority paying just a few cents more. On the week, South Carolina saw the largest increase, 8 cents, followed by these states that each had a six cent increase: Michigan, New Mexico, Indiana, Delaware and Minnesota.
With the majority of states seeing increases, the national gas price average pushed a penny more expensive. The overall weekly increases seen across the country are likely a reaction to the latest Energy Information Administration’s report showing increased demand (from 8.3 million b/d to 8.7 million b/d) while supply dwindled by 2.3 million bbl.
“Following a jump in demand, we’ve seen a number of state gas price averages increase on the week. However, the majority of these increases were just a few pennies,” said Jeanette Casselano McGee, AAA spokeswoman.
Despite the weekly increase, gas prices remain cheap both compared to last month (down 5 cents) and last year (down 48 cents).

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Published on November 18, 2020 and Last Updated on March 20, 2021 by The Virginian Review