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Area gas prices up 41 cents from January

Rochester Business Journal
October 31, 2012

Rochester area gasoline prices have increased some 41 cents since the beginning of the year, outpacing the national average, a weekly survey by GasBuddy shows.

The average price of gas in Rochester was $3.93 per gallon in the last week, down nearly 7 cents from a week ago, but up nearly 29 cents from the same week a year ago. Since Jan. 9 the average price of gas locally has risen 41 cents from $3.52 per gallon.

Nationally, the average price of gas was $3.56 per gallon in the last week, down from $3.67 the previous week, but up 22 cents a gallon from $3.34 at the beginning of the year. Gas prices nationally are up more than 10 cents a gallon from a year ago.

“For motorists west of the Mississippi, there may be little change in prices because of the storm, but as you head east, especially in the states to be highly impacted, there may be disruptions at various levels,” said GasBuddy.com senior petroleum analyst Patrick DeHaan. “However, any disruptions in supply may be offset by area-wide shutdowns of business, leading to curtailed demand for fuel.”

GasBuddy operates more than 250 websites tracking gas prices at more than 140,000 stations nationwide, including RochesterGasPrices.com. In Rochester, GasBuddy tracks price changes at more than 300 retail outlets.

(c) 2012 Rochester Business Journal. To obtain permission to reprint this article, call 585-546-8303 or e-mail service@rbj.net.


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