Gasoline prices have begun to move higher, in large part due to a refinery fire at a Chevron (NYSE: CVX) refinery in California. Gas prices have fallen for nearly three months, a trend which economists believe may help stabilize a troubled economy.
According to AAA Fuel Gauge, the average price of a gallon of regular gas nationwide yesterday was $3.692 up from $3.685 the day before. The real rise can be seen compared to the price a month ago — $3.388. The one-month increase is 9%.
The price of regular in California has risen quickly to $4.072. Only Hawaii has a higher price at $4.169.
Douglas A. McIntyre
Sponsored: Attention Savvy Investors: Speak to 3 Financial Experts – FREE
Ever wanted an extra set of eyes on an investment you’re considering? Now you can speak with up to 3 financial experts in your area for FREE. By simply
clicking here you can begin to match with financial professionals who can help guide you through the financial decisions you’re making. And the best part? The first conversation with them is free.
Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.