Gas Prices Rise Like Summer Heat in Yakima Valley
Have you been to the gas station to fill up the tank lately? Prices are on the rise again this week according to GasBuddy. They say prices are up 1.5 cents per gallon in the past week selling for an average of $3.74 a gallon according to GasBuddy's daily survey of 91 stations in Yakima.
PRICES ARE UP MORE THAN 22 CENTS IN THE PAST WEEK
Gas prices in Yakima are 22.5 cents per gallon higher than a month ago and stand $1.02/g higher than a year ago. Drivers in Yakima are now paying 22.5 cents more per gallon than a month ago and prices Today are $1.02 higher than a year ago.
The national average price of gasoline has risen 1.3 cents per gallon in the last week, averaging $3.16 a gallon today. The national average is up 10.2 cents per gallon from a month ago and stands 98.0 cents per gallon higher than a year ago.
GAS PRICES ARE SHOOTING UP AROUND THE COUNTRY
"Gas prices across the country have been a bit sideways in the last week with a mixed bag of decreases and increases, but overall, the national average hasn't seen much meaningful direction as oil prices remain under their early-July levels thus far thanks to OPEC coming to an agreement on production over the weekend," says Patrick De Haan, head of petroleum analysis for GasBuddy. "OPEC's plan is to raise oil production by 400,000 bpd each month until 2022, at which time OPEC's oil production will be back at pre-Covid levels. It's a positive development in light of U.S. gasoline demand which last week rose nearly 2%, which should act as a loose ceiling on the price of oil, and could mean we're even closer to seeing a peak in the national average if we haven't already."
Historical gasoline prices in Yakima and the national average going back ten years:
July 19, 2020: $2.72/g (U.S. Average: $2.18/g)
July 19, 2019: $3.19/g (U.S. Average: $2.77/g)
July 19, 2018: $3.35/g (U.S. Average: $2.85/g)
July 19, 2017: $2.75/g (U.S. Average: $2.27/g)
July 19, 2016: $2.58/g (U.S. Average: $2.19/g)
July 19, 2015: $3.12/g (U.S. Average: $2.76/g)
July 19, 2014: $3.90/g (U.S. Average: $3.58/g)
July 19, 2013: $3.86/g (U.S. Average: $3.67/g)
July 19, 2012: $3.60/g (U.S. Average: $3.43/g)
July 19, 2011: $3.78/g (U.S. Average: $3.67/g)
Neighboring areas and their current gas prices:
Tacoma- $3.88/g, unchanged from last week's $3.88/g.
Seattle- $3.95/g, unchanged from last week's $3.95/g.
Washington- $3.76/g, down 1.1 cents per gallon from last week's $3.77/g.