Marilyn Buskohl
Public Affairs Director
O: (605) 310-4614
C: (605) 367-3964
Marilyn.buskohl@aaasd.org

Summer Gas Prices Heating Up Across the Country 

July 8, 2019 - Gas prices are heating up alongside summer temperatures. In the last 15 days state averages have jumped, pushing up the national average nearly a dime to $2.75. In addition to rising gasoline demand, 13 states this month have introduced new gas taxes that have contributed to the national average increase. Those states include California, Connecticut, Illinois, Indiana, Maryland, Michigan, Montana, Nebraska, Ohio, Rhode Island, South Carolina, Tennessee and Vermont. 

South Dakota Average Gas Prices:

Current Avg.

$2.685

Yesterday Avg.

$2.690

Week Ago Avg.

$2.678

Month Ago Avg.

$2.764

Year Ago Avg.

$2.876


“The only motorists seeing relief at the pump are in a handful of states in the West Coast and Rockies regions where prices are trending cheaper, but still rank among the most expensive in the country
,” said Marilyn Buskohl, AAA spokesperson. “The majority of motorists can expect more expensive gas prices throughout July, but the national average is still not likely to hit $3/gallon.”

Today’s average is four cents more than last week, but less than one cent cheaper than last month and 11 cents less expensive than a year ago. 

Quick Stats 

  • The nation’s top 10 largest weekly increases are: Illinois (+14 cents), Florida (+13 cents), Ohio (+9 cents), Michigan (+7 cents), Georgia (+6 cents), Alabama (+6 cents), Indiana (+5 cents), Texas (+5 cents), Maryland (+5 cents) and Tennessee (+5 cents). 
  • The nation’s top 10 least expensive markets are: Mississippi ($2.34), Arkansas ($2.36), Louisiana ($2.38), Alabama ($2.39), South Carolina ($2.41), Oklahoma ($2.41), Missouri ($2.46), Tennessee ($2.46), Texas ($2.47) and Virginia ($2.47). 

Central States and Great Lakes Region

Pump prices are pushing more expensive across the Great Lakes and Central states. Illinois (+14 cents), Ohio (+9 cents), Michigan (+7 cents) and Indiana (+5 cents) rank among the top 10 states with the largest weekly increases. Illinois tops the nationwide chart. Part of the increase can be attributed to new gas taxes that went into effect on July 4 in each of these states.

With the latest jumps, Illinois (+8 cents year over year) is one of only three states in the country to have more expensive gas prices than at the same time last year. Compared to a month ago, Ohio (+13 cents), Illinois (+11 cents) and Michigan (+8 cents) are among states nationwide with more expensive pump prices. 

Oil market dynamics

At the close of Friday’s formal trading session on the NYMEX, WTI increased by 17 cents to settle at $57.51. Crude prices ended last week down from the previous week as global demand concerns continue to worry market observers as the U.S. and China continue to resolve their trade dispute. The fall in prices occurred despite EIA's data showing that total domestic crude inventories fell by 1 million bbl to 468.5 million bbl. Moving into this week, if it appears that the U.S. and China are not closer to a trade resolution, crude prices could continue to decrease. However, if tension between the U.S. and Iran escalates, crude prices could surge amid market concerns of conflict in the Middle East, which could limit oil flows from the region.

Motorists can find current gas prices along their route with the free AAA Mobile app for iPhone, iPad and Android. The app can also be used to map a route, find discounts, book a hotel and access AAA roadside assistance. Learn more at AAA.com/mobile.

 

TEDx Wilmington Salon

Who's in the Driver's Seat? The Transformation of Transportation

On Tuesday, October 17, 2017, AAA and TEDx Wilmington held the first TEDx Salon dedicated to ideas worth spreading in transportation.

This event had:

  • 12 live talks given by 13 speakers
  • 368 people in attendance at the live event
  • More than 7,500 viewed the event online through Livestream, viewing events, and on the AAA Associate network
  • Online viewers came from all 50 states and approximately 30 countries around the world

View a slideshow from the event

This TEDx WilmingtonSalon was organized in partnership with AAA

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