Gas Isn’t Cheap and It’s Not Getting Any Cheaper in Yakima
If you drive a vehicle you are spending more for gas every week as the price continues an upward trend.
PRICES ARE UP ALMOST 4 CENTS A GALLON THIS WEEK
Prices in Yakima are up 3.9 cents a per gallon in the past week selling for an average of $3.80 per gallon according to GasBuddy’s daily survey of 91 stations in Yakima. They say gas prices stand 11 cents per gallon higher than a month ago and $1.13 per gallon higher than a year ago.
You have to hunt for the right stations but GasBuddy says the cheapest gas in Yakima is selling for $3.25 per gallon today while the most expensive is $3.99 per gallon, a difference of 74 cents per gallon. The lowest price in the state today is $3.18 per gallon while the highest is $4.29 per gallon, a difference of $1.11.
GOOD NEWS FOR FUTURE PRICE DROPS
"Gasoline prices have started to slide over the last few days as oil prices have plunged, largely fueled by a continued global surge in Covid-19 cases and concern that fuel demand may shrink as more companies table return to work plans and the summer driving season comes to a close," says Patrick De Haan, head of petroleum analysis for GasBuddy. "Excluding the plunge in gasoline prices as Covid unfolded in 2020, Sunday saw one of the largest single day declines in the national average in nearly three years. The good news won't end there, either, as I fully expect the national average could drop back under $3 per gallon in the next three weeks. The bottom line for motorists is that if they don't absolutely need to fill up, they should avoid doing so as fuel prices are nearly guaranteed to continue to decline in every state in the coming week."
IT'S OBVIOUS PRICE INCREASES HAVE IMPACTED THE ECONOMY
Historical gasoline prices in Yakima and the national average going back ten years:
August 23, 2020: $2.67/g (U.S. Average: $2.18/g)
August 23, 2019: $3.08/g (U.S. Average: $2.59/g)
August 23, 2018: $3.28/g (U.S. Average: $2.84/g)
August 23, 2017: $2.84/g (U.S. Average: $2.34/g)
August 23, 2016: $2.52/g (U.S. Average: $2.19/g)
August 23, 2015: $2.96/g (U.S. Average: $2.60/g)
August 23, 2014: $3.85/g (U.S. Average: $3.43/g)
August 23, 2013: $3.74/g (U.S. Average: $3.53/g)
August 23, 2012: $3.89/g (U.S. Average: $3.71/g)
August 23, 2011: $3.75/g (U.S. Average: $3.56/g)
Neighboring areas and their current gas prices:
Tacoma- $3.95/g, up 2.0 cents per gallon from last week's $3.93/g.
Seattle- $4.01/g, up 0.5 cents per gallon from last week's $4.00/g.
Washington- $3.82/g, up 1.1 cents per gallon from last week's $3.81/g.