Weekly Unnatural Gas Price Change, August 26, 2011

According to the AAA Fuel Gauge Summary report for August 26, 2011, the national average price of regular gasoline increased from $3.578 a week ago to $3.604. This is a increase of $0.026 in 7 days.

We are now in the period which, under current law, will determine the COLA amount for next year.

I will post the price of gasoline each Friday through the end of September.

I have seen some predictions that gasoline prices will increase $0.10 to $0.15 over the next month, due to refineries in areas threatened by Hurricane Irene being shut down. It apparently takes about a month for a shut down refinery to resume full operations.

You may view the AAA Daily Fuel Gauge Report for yourself at any time.

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5 Responses to Weekly Unnatural Gas Price Change, August 26, 2011

  1. Joe says:

    I’m hoping prices go down, especially gas. It impacts directly on all of us with cars and indirectly with everything that “moves” the things (food) we buy.

  2. mikepezik says:

    on 8/12 gas was 389 a gallon the next day it went up to 399 a gallon at all the stations good or bad for cola increase

    • revenuer says:

      Mike,

      Thanks for the info. The study Potluck uses to do his reports is run by AAA which samples 100,000 gas stations per day. They show on their website where fuel is unusually low or high priced, but we know that by no means does this cover all the gas prices in the country.

      If anyone else wants to send in gas prices near them please feel free. We would like to have as much information as we can get.

  3. Joe says:

    I really like and appreciate you graphs on COLA. Have you considered making one on gas prices? Guess I just like the visual quick look. 🙂

    • revenuer says:

      Joe,

      Potluck says he will attempt a graph on his gas prices report. He’s afraid it will be a little flat because the prices aren’t fluctuating too dramatically, but he has charting and graphing software and he is prepared to use it.

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