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After weeks of rising prices, gas prices remained steady last week: AAA [Video]

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National Energy News

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After a sharp spike upwards last week, the average national gas price held steady this week at $3.27, a AAA report found.

Demand for gas also held steady, according to information from the Energy Information Administration. It remained flat at 8.2 million barrels per day.

Gas prices were stagnant after an announcement that the BP-Whiting refinery in Indiana would reopen soon. The refinery has been closed since early February due to a power outage.

“Old man winter is shuffling toward the exit, and with milder weather and longer days looming, the seasonal rise in gas prices is primed to begin,” said Andrew Gross, AAA’s spokesperson. “But it will probably be a slow, wobbly start to rising prices.”

The national average price of gas is still 20 cents higher than last month but has gone down by 12 cents since this time last year.

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