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Anchorage Weekly Gas Price Update and Outlook

Anchorage, September 12- Average retail gasoline prices in Anchorage have risen 5.9 cents per gallon in the past week, averaging $3.84/g yesterday. This compares with the national average that has fallen 0.1 cents per gallon in the last week to $3.66/g, according to gasoline price website AnchorageGasPrices.com. 

Including the change in gas prices in Anchorage during the past week, prices yesterday were 46.4 cents per gallon higher than the same day one year ago and are 8.9 cents per gallon higher than a month ago. The national average has increased 5.1 cents per gallon during the last month and stands 93.3 cents per gallon higher than this day one year ago. 

"Late last week we started to see a drop in wholesale gasoline prices, which is the price stations pay. Such news means the national average may begin moving lower," said Patrick DeHaan, GasBuddy.com Senior Petroleum Analyst. "While I'm hopeful we'll start to see lower retail gasoline prices in the days ahead, we have seen considerable volatility and I'd hate to see the market move higher in the days ahead, negating any expected drop in retail prices," DeHaan adds.

About AnchorageGasPrices.com

GasBuddy.com operates over 200 live gasoline price-tracking websites, including AnchorageGasPrices.com. GasBuddy.com was named one of Time magazine's 50 best websites and to PC World's 100 most useful websites of 2008.

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