Gas prices rise for sixth straight week

gas pump
File Photo. (MGN/WikiCommons)

FORT WAYNE, Ind. (WANE) Average retail gasoline prices in Fort Wayne have risen 5.6 cents per gallon in the past week, averaging $3.69 a gallon on Sunday, march 16, 2014 according to GasBuddy’s daily survey of 201 gas outlets in Fort Wayne. This compares with the national average that has increased 2.6 cents per gallon in the last week to $3.50 a gallon according to gasoline price website GasBuddy.com.

Including the change in gas prices in Fort Wayne during the past week, prices Sunday were 3.3 cents per gallon higher than the same day one year ago and are 17.4 cents per gallon higher than a month ago. The national average has increased 15.5 cents per gallon during the last month and stands 15.1 cents per gallon lower than this day one year ago.

“The national average has unsurprisingly continued it’s march higher, and for the sixth consecutive week, motorists have faced rising gasoline prices,” said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan. “While the rate that gasoline prices may slow nationally this week, I don’t yet believe we’ve seen the peak in prices. Refineries are in the middle of one of their two major yearly maintenance seasons, which means as refineries wrap up their work in April, we could see restarting issues, which could bring the spikes in gasoline prices we’re nearly accustom to seeing every spring,” DeHaan said.

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