Gas Prices in Lincoln are Up

Laverne Higgins
March 20, 2018

Last week, the average was $2.26 in Lauderdale County and $2.25 in Colbert County, according to the survey.

According to GasBuddy, the largest weekly changes in average gas prices state-by-state were seen in: IL (+8 cents), MI (+7 cents), Georgia (+6 cents), Kentucky (+6 cents), Maryland (+5 cents), Tennessee (+5 cents), Nevada (+5 cents), DE (+5 cents), Utah (+5 cents) and West Virginia (+5 cents).

Gasoline prices in MA are down two cents this week, according to AAA Northeast, which has an office in Framingham off Route 9.

Austin- $2.26/g, up 2.4 cents per gallon from last week's $2.24/g.

"There are a few of factors that gave gas prices a boost, but this time it wasnt crude oil", Mark Jenkins, spokesperson for AAA, said.

The average price throughout Florida was up 3 cents to $2.53, AAA reported. Based on current wholesale levels, prices at the pump could climb another nickel.

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In Friday market action, benchmark USA crude rose $1.15, or 1.9 percent, to $62.34 a barrel in NY.

Meanwhile, crude oil prices hovered around the $60 to $62 per barrel range, where they have remained for the past two weeks. Two years ago, gas averaged $2.01 here.

Consumer gasoline demand is at the highest level on record for March. The report also noted that global supply reached 97.9 million b/d last month, which was fueled by growth in domestic production in the U.S. The figure is 700,000 b/d higher than last year's rate at this time.

Gasoline inventories, however, dipped by almost 3 percent compared to the week before, and were about even with this time a year ago.

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