Time to Fill The Tank? Yakima Gas Prices on The Rise
Gas prices are up again this week in Yakima. If you're going to the gas station you're paying an average of $3.69 per gallon Monday. Gas is up 9.3 cents a gallon over the last week on top of the 8 cent rise last week. Officials at GasBuddy say prices in Yakima are 22.5 cents per gallon higher than a month ago and stand 12.0 cents per gallon lower than a year ago. The national average price of diesel has risen 2.6 cents in the last week and stands at $4.60 per gallon.
You know where to find the cheapest gas?
If you're looking for the cheapest gas take a drive to Wapato. Gas is Wapato was priced at $3.15 Sunday. The lowest price in the state yesterday was $3.15 per gallon while the highest was $5.49 per gallon.
On the national side GasBuddy says the price of gas has risen 11.3 cents per gallon in the last week, averaging $3.39 per gallon today. The national average is up 30.2 cents per gallon from a month ago and stands 7.3 cents per gallon higher than a year ago, according to GasBuddy data compiled from more than 11 million weekly price reports covering over 150,000 gas stations across the country.
More gas price increases are expected soon
"Gasoline prices continued their upward trajectory last week as oil prices pulled them higher across the majority of the country, and continued refinery challenges kept supply of gasoline from rising more substantially," says Patrick De Haan, head of petroleum analysis at GasBuddy. "Macroeconomic factors have continued to weigh on oil and refined products, as strong demand in China hasn't been slowed much by a surge in new Covid cases. In addition, releases of crude oil from the Strategic Petroleum Reserve have wrapped up. Concerns are increasing that without additional oil, supply will tighten in the weeks ahead, especially as the nation starts to move away from softer demand in the height of winter. Moving forward, it doesn't look good for motorists, with prices likely to continue accelerating."
Historical gasoline prices in Yakima and the national average going back ten years:
January 23, 2022: $3.81/g (U.S. Average: $3.32/g)
January 23, 2021: $2.61/g (U.S. Average: $2.39/g)
January 23, 2020: $2.99/g (U.S. Average: $2.54/g)
January 23, 2019: $2.78/g (U.S. Average: $2.29/g)
January 23, 2018: $2.85/g (U.S. Average: $2.55/g)
January 23, 2017: $2.67/g (U.S. Average: $2.30/g)
January 23, 2016: $2.15/g (U.S. Average: $1.83/g)
January 23, 2015: $2.05/g (U.S. Average: $2.03/g)
January 23, 2014: $3.22/g (U.S. Average: $3.28/g)
January 23, 2013: $3.20/g (U.S. Average: $3.31/g)
Neighboring areas and their current gas prices:
Tacoma- $3.87/g, up 13.1 cents per gallon from last week's $3.74/g.
Seattle- $4.12/g, up 0.4 cents per gallon from last week's $4.12/g.
Washington- $3.90/g, up 2.9 cents per gallon from last week's $3.87/g.