Gas hits highest average price of 2017. Is relief in sight?

Posted at 5:46 AM, Apr 24, 2017
and last updated 2017-04-24 05:48:15-04

Gas prices in the region continue to climb, although the pace has slowed somewhat in the past few days. Local refiners wrapped up the switch to summer-blend gasoline, resulting in significant price increases over the last two weeks.

Sunday's national average price for a gallon of regular unleaded gasoline was $2.42. This price is a penny more expensive than one week ago, 13 cents more than one month ago and 29 cents more than one year ago.

“The sticker shock of the past two weeks seems to be stalling, as gas price increases begin to ease a bit,” said Cheryl Parker, regional director of public and government affairs for AAA. “However, as seasonal demand increases, motorists should expect continued volatility at the pump, positioning pump prices to climb higher by the summer.”