Daily Archives: February 12, 2013

Cost To Drive Continues To Rise With Ever-Increasing Gas Prices

Gas pump icon

Weekly gas price survey

Gas and diesel prices across the United States are heading back to their post-Summer highs as the week-over-week increase in the per-gallon price continues rising, hitting $3.61 per gallon as of February 11, 2013.  The U.S. Energy Information Administration’s weekly gas price survey shows the cost of driving will now set you back, on average, about $57.76 every fill up.  That price is based on the current U.S. per-gallon average of regular unleaded, multiplied by 16 gallons, the average size of a gas tank on a mid-size car.

The latest jump in prices means gasoline has increased more than 25¢ per gallon since the end of January, with gas prices now at their highest level since September 2012, when the average U.S. cost of a gallon of gas peaked at $3.86.

The 2013 gas price trend is in line with the start of the 2012 calendar year, which saw gasoline prices jump from an average of $3.40 in January, peaking at $3.93 per gallon in May, before declining rapidly through July.  The gas prices jumped again through the fall.  A chart of the long-term gas price trend, by month, can be downloaded here.

Diesel fuel pump icon

Weekly diesel price survey

Diesel prices also continued their weekly increase, although at a slower pace than during January. The EIA survey of diesel prices shows the cost of a gallon of fuel for truckers and diesel-car owners is now at just over $4.10 per gallon.

The rising cost of fuel has prompted some trucker publications, including Transport Topics, to offer tops to reduce fuel costs, particularly for fleet operators.