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State Energy News

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The average price Americans pay at the pump increased this past week, but by just four cents, AAA reported. Drivers paid an average of $3.67 a gallon, 21 cents more than this time last year.

Prices increased slightly due to a small jump in demand. Data from the Energy Information Administration (EIA) found that gas demand rose from 8.61 to 8.66 million barrels per day last week.

Oil prices decreased, helping to ensure prices didn’t spike too high. Within the last few weeks, tensions in the Middle East have driven oil prices up, but this week, the cost of a barrel decreased into the low $80s. 

“The situation overseas with war in both the Middle East and Ukraine has the oil market on edge,” Andrew Gross, AAA spokesperson said. 

“But this is also the time of year we may see a bit of a lull in gasoline demand between the end …

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