Gas prices down slightly, but likely to rise heading into spring

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AAA reported that Delaware gas prices are up a couple of pennies from last week.

The average gas price in the First State remains near the national figure despite Delaware being on the lower end of state gas tax rankings.

The price at the pump in Delaware is up by about a quarter a gallon from a month ago when the state briefly saw prices dip below $3 a gallon.

Warehouse clubs Sam’s, BJ’s, and Costco offered the lowest prices, with a few stations offering a discount for paying in cash.

Seasonal demand trends, higher costs for oil, and routine refinery maintenance will likely push pump prices modestly higher, AAA reported.

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Crude oil prices rose to about $77 a barrel during the past week after being in the 70s..

“It feels like being in a car with a cold battery, cranking away yet slow to turn over,” said Andrew Gross, AAA spokesperson. “But gas prices will likely start increasing around Valentine’s Day.”

Delaware Monday gas prices

TimeframeRegularMid-GradePremiumDiesel
Current Avg.$3.177$3.684$3.958$3.980
Yesterday Avg.$3.170$3.670$3.949$3.957
Week Ago Avg.$3.160$3.663$3.950$3.942
Month Ago Avg.$2.910$3.439$3.739$3.797
Year Ago Avg.$3.212$3.696$3.953$4.217
From AAA

According to new data from the Energy Information Administration (EIA), gas demand increased from 8.14 to 8.81 million daily barrels. Total domestic gasoline stocks decreased by 3.1 million bbl to 251 million barrels. If demand continues to increase, drivers could see a steady rise in the price at the pump.

Drivers can find current gas prices along their route using the AAA TripTik Travel planner.

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