PROVO, Utah (ABC4 News) – Studies show the average price of a gallon of regular unleaded gasoline is up ten cents, over the past two weeks, to 2.44. However, Provo isn’t following the current trend.
According to GasBuddy’s survey of 138 stations in Provo, the average price for a gallon of gas is $2.02, a drop of nearly two cents in the past week.
The average price for a gallon of gas in Provo, over the last five years, has varied widely: $2.35/g in 2018, $2.28/g in 2017, $1.63/g in 2016, $1.91/g in 2015 and $3.23/g in 2014.
The GasBuddy survey also shows some other interesting statistics– prices now are nearly 33 cents per gallon lower than a year ago and they are 18 cents per gallon lower than a month ago.
GasBuddy says the national average for a gallon of gas has increased 6 cents per gallon, checking in at $2.39.
“Gasoline prices saw their biggest weekly jump of 2019 with the national average now at its highest point since mid-December as oil prices continue to advance, while such jumps are in line with expectations, that doesn’t make them any easier to digest,” said Patrick DeHaan, head of petroleum analysis for GasBuddy. “Unfortunately, we’re likely in store for a continued March higher into March and even April as seasonal trends kick into high gear, but there is some light at the end of the tunnel. Average gas prices should remain lower than their year-ago levels for now and the annual spring surge we see at gas pumps will likely not be as bad as we’ve seen in years past.”