What's Behind It?

Skyrocketing Gas Prices In Fort Wayne

By Peter Neumann

Skyrocketing Gas Prices In Fort Wayne

June 3, 2013 Updated Jun 3, 2013 at 9:05 AM EST

FORT WAYNE, In. (www.incnow.tv) --- Fort Wayne, June 3- Average retail gasoline prices in Fort Wayne have risen 31.6 cents per gallon in the past week, averaging $3.98/g Sunday, according to GasBuddy's daily survey of 201 gas outlets in Fort Wayne.

This compares with the national average that has fallen 1.5 cents per gallon in the last week to $3.64/g, according to gasoline price website GasBuddy.com.

Including the change in gas prices in Fort Wayne during the past week, prices yesterday were 50.3 cents per gallon higher than the same day one year ago and are 21.6 cents per gallon higher than a month ago. The national average has increased 13.1 cents per gallon during the last month and stands 3.1 cents per gallon higher than this day one year ago.

"While the national average has given up some ground to start the driving season, motorists have certainly seen a lot of ups and downs in different areas of the country," said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan. "One thing remains the same throughout the United States, and that is we're still reliant on oil refineries to process crude oil into gasoline. When they go partially offline whether expected or unexpected, there's going to be tightness in gasoline supply, and that has an almost immediately impact at the gas pump," DeHaan said.




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