Gas Prices Rise 3.5 Cents In Chattanooga

Gas pump nozzle in a car at a filling station

The average price of a gallon of gas in MI jumped nine cents last week but drivers in the Lansing area saw a much higher spike in prices. This forecasted price is 26 cents per gallon higher than the average price last summer ($2.41 per gallon), largely reflecting changes in crude oil prices. The average has now passed the 2017 peak of $2.67 per gallon, which occurred in September following Hurricane Harvey's landfall.

Knoxville- $2.49, up 7.8 cents per gallon from last week's $2.41.

Huntsville- $2.46, up 3.2 cents per gallon from last week's $2.43.

After days of stable prices, you're once again paying more at the pump, and that's a trend that's likely to continue for now.

Q1 2018 EPS Estimates for Koppers Holdings Inc. Lifted by Analyst (KOP)
Advsr Preferred Ltd Liability invested 0.01% of its capital in Koppers Holdings Inc. (NYSE:KOP) for 2,544 shares. (NASDAQ:XLNX). Out of 2 Wall Street analysts rating Koppers Holdings, 1 give it "Buy", 0 "Sell" rating , while 1 recommend "Hold".

"After a week or so of relative stability, gas prices are creeping up nationally and in the Delaware Valley", said Tammy Arnette, senior public affairs specialist for AAA Mid-Atlantic. Refinery maintenance has gone well thus far, and gasoline supply has continued to push higher as more refiners conclude their work.

The EIA also expects US gas consumption to increase 0.2 percent in comparison to last summer, as highway travel is projected to increase by 1.3 percent - the difference being offset by gains in vehicle fuel efficiency.

The national average has increased 17.7 cents per gallon during the last month and stands 30.1 cents per gallon higher than this day one year ago.

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