Average gas price nearly pre-pandemic level nationally, still cheaper in Colorado

The national gas price average has been cheaper year-over-year for the past 337 days but that could change as early as this week. Now at $2.42, the national average is only a nickel cheaper than a year ago, according to AAA Colorado.

The national average gas price increased by two cents on the week and is now 17 cents more expensive than last month. Typically, decrease in demand and increase in supply drive a decrease at the pump, but sustained crude oil prices are pushing an increase. Hence why prices crashed when people were less likely to venture out last spring.

“One silver lining of the past year, however small, is that we’ve all benefited from cheaper gas prices,” said Skyler McKinley, regional director of public affairs for AAA. “We’ll still enjoy some savings in Colorado for some time yet, but rising crude oil prices are going to increase what you pay at the pump, plain and simple.”

In Colorado the average price at the station is at $2.33 a gallon. Prices remain down around 20 cents from this time in 2020.

Colorado gas by the numbers

Fort Collins-Loveland

  • Current average: $2.26
  • Yesterday average: $2.26
  • Week ago average: $2.27
  • Month ago average: $2.26
  • Year ago average: $2.56

Denver

  • Current average: $2.27
  • Yesterday average: $2.28
  • Week ago average: $2.27
  • Month ago average: $2.20
  • Year ago average: $2.46

Boulder-Longmont

  • Current average: $2.28
  • Yesterday average: $2.28
  • Week ago average: $2.27
  • Month ago average: $2.17
  • Year ago average: $2.51

Colorado Springs

  • Current average: $2.30
  • Yesterday average: $2.31
  • Week ago average: $2.31
  • Month ago average: $2.24
  • Year ago average: $2.48

Vail

  • Current average: $2.65
  • Yesterday average: $2.65
  • Week ago average: $2.65
  • Month ago average: $2.68
  • Year ago average: $2.91

Source: Read Full Article