Gas prices going up, where you can find cheap gas

Posted May 15, 2018

Those planning to travel by auto will have to contend with traffic congestion and the highest gas prices since 2014, according to a company that surveys gas retailers across the nation.

Sunday's average gasoline price in NY state was 17.7 cents per gallon higher than a month ago and 49.1 cents higher than a year ago, GasBuddy said.

Jackson- $2.53/g, up 1.6 cents per gallon from last week's $2.51/g.

Just before Memorial Day and the summer travel season, gas prices are rising across the country.

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Plus, the switch to the summer blend and the USA pulling out of the Iran nuclear deal. Month over month, the price is up 15.5 cents a gallon, and it is almost 53 cents a gallon higher year over year.

Gas prices rose again around West Michigan on Monday with prices spiking to around $3 a gallon for regular unleaded.

"Morgan Stanley estimates that if gas averages $2.96 this year, it would take an annualized $38 billion from spending elsewhere, an upward revision from the bank's $20 billion estimate in January".

AAA says this Memorial Day's travel is expected to be at the highest level its been in more than 12 years. "Low supply and high demand has everything off right now". Oil may continue to move higher in the weeks ahead contingent on the fluid situation with Iran. "Those people affected by the higher prices at the pump, are likely cutting back on other expenses like shopping and dining out".

States with the highest average gasoline prices: California ($3.68), Hawaii ($3.63), Washington ($3.35), Alaska ($3.30), Nevada ($3.27), OR ($3.23), Utah ($3.18), Idaho ($3.11), CT ($3.06) and Pennsylvania ($3.03).

For live fuel price averages, visit fuelinsights.gasbuddy.com .

Vacationers who drive are expected to pay the most expensive Memorial Day gas prices since 2014, but by and large they're not cancelling their road trips. The nationwide total is up 2.4 percent from a year ago.