It's the highest tally in 995 days, with diesel prices rising 3 cents to hit $3 per gallon Monday.
Last November, a 12-cent increase in the base gasoline excise tax went into effect statewide, pushing the base from 18 cents a gallon to 30 cents. "However, prices could rise even more, depending on how the crude market responds to the latest news of a US missile strike over the weekend". Since then, the highest recorded average has already surpassed this year's high. All regions saw gasoline inventories decline, however, with the exception of the East Coast, which saw a large 3 million barrel rise. Tennessee gas prices are the most expensive since last September, when prices were recovering from Hurricane Irma.
Hawaii, HI, April 16- Average retail gasoline prices in Hawaii have fallen 4.6 cents per gallon in the past week, averaging $3.73/g yesterday, according to GasBuddy's daily survey of 355 gas outlets in Hawaii. "The conflict in Syria has sent crude prices to their highest point in more than three years, and as a result motorists are going to see that at the pump".
According to AAA the average price of a gallon of gas in Arizona is $2.73. That is 45 cents higher than at this point a year ago
Patrick DeHaan, head of petroleum analysis for gas price comparison site GasBuddy.com, said that's the highest national average price since July 2015.
"In the past few years, the average date that gas prices have peaked is mid-May, which is just around the corner, and by all metrics, that could be very close to what we expect this time around", DeHaan said Monday in a news release. The highest was about $2.80 per gallon in the Ann Arbor area. Prices traditionally start their seasonal rise in mid-February as refiners begin maintenance that enables them to transition to producing more expensive summer-blend gasoline.
States with the lowest average gasoline prices: Missouri ($2.42), Oklahoma ($2.43), Arkansas ($2.43), MS ($2.45), SC ($2.46), Louisiana ($2.47), Kansas ($2.48), Texas ($2.48), Alabama ($2.49) and Wyoming ($2.50).