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Gas prices rise this week

1 min read

Average retail gasoline prices in Cape Coral have risen 9.7 cents per gallon in the past week, averaging $2.78/g yesterday. This compares with the national average that has increased 7.1 cents per gallon in the last week to $2.81/g, according to gasoline price website CapeCoralGasPrices.com.

Including the change in gas prices in Cape Coral during the past week, prices yesterday were 9.7 cents per gallon higher than the same day one year ago and are 16.3 cents per gallon higher than a month ago. The national average has increased 8.9 cents per gallon during the last month and stands 33.3 cents per gallon higher than this day one year ago.

About CapeCoralGasPrices.com

GasBuddy operates GasBuddy.com, CapeCoralGasPrices.com, and over 225 other local gasoline price-tracking websites that follow prices at over 125,000 gasoline stations in the United States and Canada. GasBuddy also uses Facebook (facebook.com/gasbuddy) Twitter (twitter.com/gasbuddy), and phone apps to keep motorists ahead of changing gasoline prices. GasBuddy.com was named one of Time magazine’s 50 best websites and to PC World’s 100 most useful websites of 2008.

Gas prices rise this week

2 min read

Average retail gasoline prices in Cape Coral have risen 2.8 cents per gallon in the past week, averaging $2.68/g yesterday. This compares with the national average that has increased 2.1 cents per gallon in the last week to $2.72/g, according to gasoline price website CapeCoralGasPrices.com.

Including the change in gas prices in Cape Coral during the past week, prices yesterday were 2.8 cents per gallon higher than the same day one year ago and are 8.3 cents per gallon higher than a month ago. The national average has increased 2.9 cents per gallon during the last month and stands 26.9 cents per gallon higher than this day one year ago.

“Last week we saw oil prices surpass $80 per barrel after a government report indicated a larger than expected drop in petroleum supplies. Combined with other positive signals from the economy, oil prices spiked and motorists should expect retail gasoline prices to move higher in the coming days as a result,” said Patrick DeHaan, GasBuddy.com Senior Petroleum Analyst. “Most areas across the U.S. will see gasoline prices rise this week, anywhere from a few cents per gallon to a dime or perhaps even more,” he says. DeHaan expects high volatility in retail gasoline prices this autumn as the U.S. economy continues to improve, signaling higher demand for refined products, such as gasoline and heating oil.

About CapeCoralGasPrices.com

GasBuddy.com operates over 200 live gasoline price-tracking websites, including CapeCoralGasPrices.com. GasBuddy.com was named one of Time magazine’s 50 best websites and to PC World’s 100 most useful websites of 2008.