June 7, 2013
Thursday, for the first time in three months, American motorists paid more at the pump than they did one year ago.
The national average price for regular unleaded gasoline is $3.62 per gallon. This price is fractions of a penny less expensive than one week ago, but it is 10 cents more expensive than one month ago and three cents more than the same date last year.
While prices may tick higher in the next few days, AAA continues to expect lower prices - both nationally and in the Midwest - as June continues. Prices should drop below a national average of $3.50 per gallon by the end of the month if refineries can transition smoothly from ongoing maintenance to full production.
Reprinted in part from NortherAg.net