Gas prices up 15 cents in past week - WRBL

Gas prices up 15 cents in past week

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CHICAGO (July 17) – The national average price of gasoline today- $3.67/g- is up 15 cents from where it stood just one week and nowhere in the country has the price climb been any steeper than the Great Lakes region.

"Indiana's prices have risen by 29 cents over the past week, nearly double the rate of increase the rest of the country is seeing," said Patrick DeHaan, senior petroleum analyst for GasBuddy.  "And the price escalation has been nearly as exasperating for consumers in Michigan (+.27), Illinois (+.26) and Wisconsin (+.23)."

Additionally, the U.S. Dept. of Energy's weekly report today said  crude oil inventories decreased by 6.9 million barrels to a total of 367 million barrels, a level that is 10.4 million barrels below last year's.

Patrick DeHaan

Senior Petroleum Analyst, GasBuddy.com

Chicago, IL

E-mail: pdehaan@gasbuddy.com

773-644-1427

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