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Anchorage Weekly Gas Price Update and Outlook- June 11, 2013

Anchorage, June 10- Average retail gasoline prices in Anchorage have fallen 1.2 cents per gallon in the past week, averaging $3.95/g yesterday, according to GasBuddy's daily survey of 86 gas outlets in Anchorage. This compares with the national average that has not moved  in the last week to $3.64/g, according to gasoline price website GasBuddy.com. 
Including the change in gas prices in Anchorage during the past week, prices yesterday were 34.5 cents per gallon lower than the same day one year ago and are 4.4 cents per gallon higher than a month ago. The national average has increased 6.9 cents per gallon during the last month and stands 7.8 cents per gallon higher than this day one year ago. 
"While the national average has seen little change in the last week, prices in the Great Lakes have skyrocketed. In many cities in that region, new all time record high prices have been set," said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan. "In areas that have featured skyrocketing gasoline prices amidst stable oil prices, refineries continue to be beset with shutdowns, maintenance, and other problems that have hampered production of gasoline and other products, leading to much higher prices. While these situations are difficult for motorists to digest, relief is on the way and will likely arrive in a few weeks," DeHaan said.
About GasBuddy
GasBuddy operates AnchorageGasPrices.com and over 250 similar websites that track gasoline prices at over 140,000 gasoline stations in the United States and Canada. In addition, GasBuddy offers a free smartphone app which has been downloaded over 25 million times to help motorists find the lowest gasoline prices in their area.

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