More pain at the pump: Gas prices continue to climb statewide

According to Gas Buddy the Citgo on Union Street is currently the cheapest

As we head into the summer, gas prices are going up. AAA Mid-Atlantic is taking a wait-and-see attitude.

GasBuddy's daily survey of gas outlets in New Hampshire found that average retail gasoline prices in the state have risen 5.2 cents per gallon in the past week, to an average of $2.79 per gallon.

You may have noticed, gas prices are on the rise and hitting levels not seen in more than three years.

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Prices in Pittsburgh are 40.1 cents per gallon higher than the same day a year ago, and 16 cents per gallon higher than a month ago.

He added crude prices could remain stable if Saudi Arabia and the United Arab Emirates make good on pledges to make up for any potential shortfalls.

AAA reports sai the national average on May 7 was $2.81 - 45 cents more expensive than a year ago. In addition, refiners input less crude oil into their refineries, operating at an average of 90.4% of capacity with gasoline production slipping to 9.9 million barrels a day, just slightly higher than the 9.78 million barrels of implied gasoline demand per day.

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That means access to their oil fields is cut off.

The cheapest gas in Denver proper was at the Sinclair station at 5100 W. Dartmouth Avenue where it was $2.53 a gallon. Prices nationwide climbed 6 cents to $2.87. At the start of last week, the average gas price in Florida was $2.73 per gallon.

"However, it may be weeks before motorists see the full effects of the USA pulling out of the Iran Nuclear Agreement and reimposing sanctions", said Tammy Arnette, senior public affairs specialist for AAA Mid-Atlantic.

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Arizona is poised to join the $3/gal club as it stands at $2.99 Monday, while NY sits nearby at $2.98.

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