Yakima Gas Prices Climb Again as Relief Remains Elusive

Gasoline prices in Yakima surged again this week, with the average cost climbing 13.8 cents per gallon to $5.43, according to GasBuddy’s survey of 91 stations in the area.

OH NO NOT ANOTHER RISE IN PRICES?

Last week, prices had already increased nearly 18 cents per gallon, and the upward trend shows no signs of slowing.
Compared to a month ago, gas prices in Yakima are up 43.8 cents per gallon, and they are $1.57 higher than they were a year ago. The statewide average in Washington stands at $5.76 per gallon.

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WE WANT THE LOWEST PRICES

In Yakima, the lowest prices can be found at the Ahtanum Fuel Stop/Sinclair on Goodman Road, where gas is selling for $4.99 per gallon. Wapato’s Wheeler’s Kountry Korner offers even cheaper fuel at $4.73 per gallon. Nationally, the average price of gasoline has increased by 5.1 cents over the past week, now averaging $4.48 per gallon. Meanwhile, diesel prices are also on the rise, with the national average now at $5.62 per gallon, a slight increase of 0.2 cents from last week.

HOPE FOR A DEAL IN IRAN OR MORE INCREASES COMING

Patrick De Haan, head of petroleum analysis at GasBuddy, explained that recent declines in fuel prices were short-lived. Oil prices initially eased mid-week amid optimism that the U.S. and Iran might reach a deal, helping to pull the national average lower by about eight cents. However, this optimism has since diminished, as talks appear to stall and President Trump signaled that the latest proposals are unacceptable. Consequently, oil prices have risen again in electronic trading, which could drive fuel prices higher in the coming days.

WHAT? MORE PRICE INCREASES ON THE WAY?

De Haan warned that many states might experience further price fluctuations, potentially pushing the national average toward $4.65 per gallon if oil prices continue to climb. Additionally, diesel prices in the Great Lakes region are approaching new record highs due to ongoing refinery issues that are impacting diesel production.
If geopolitical tensions escalate further, experts warn that fuel prices could spike even more sharply in the weeks ahead.