The nationwide common for a gallon of gasoline has risen to $3.61, eight cents greater than week in the past.
DENVER — The common worth of a gallon of gasoline in Colorado is as much as $3.37. 73 cents over this time final 12 months.
AAA Colorado stated that is the very best common recorded for this time of 12 months since 2014. Colorado’s common worth is up three cents from per week in the past and eight cents on the month.
AAA Colorado predicts that gasoline costs will proceed to rise following Russia’s invasion of Ukraine in addition to due to seasonal demand. Important spikes are potential in 2022 amid continued worldwide uncertainty.
“Russia’s invasion and the responding escalating sequence of monetary sanctions by the U.S. and its allies have despatched jitters throughout the worldwide oil market,” stated Skyler McKinley, Regional Director of Public Affairs for AAA.
“Similar to the inventory market, the oil market responds poorly to volatility. It is an explosive scenario, and a grim reminder that occasions on the far facet of the globe can have a ripple impact for American shoppers.”
Russia’s invasion of Ukraine has led to crude spiking to over $100 per barrel earlier than settling again into the mid-$90s, stated AAA Colorado.
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Denver gasoline worth by the numbers:
- Present Common: $3.30
- Yesterday Common: $3.30
- Week In the past Common: $3.28
- Month In the past Common: $3.21
- Yr In the past Common: $2.61
- Highest Recorded Common: $4.00 (7/17/08)
Nation’s high 10 most costly markets:
- California ($4.82)
- Hawaii ($4.54)
- Oregon ($4.02)
- Nevada ($4.02)
- Washington ($4.00)
- Alaska ($3.88)
- Illinois ($3.85)
- Arizona ($3.81)
- New York ($3.80)
- Washington, D.C. ($3.77)
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