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Gas prices continue the upward climb

As motorists have noticed, the price of gasoline continues to increase.  In Milwaukee, the average price of a gallon of gas is nearly five cents higher than it was just one week ago, that according to the GasBuddy.com daily survey of 615 gas stations in Milwaukee.  National, the average price of gas has gone up less than two cents per gallon.

Gasoline is about 13 cents higher than it was one month ago, but despite the per gallon increase, the price of gasoline is still more than 41 center lower than it was one year ago at this time. 

The national average has increased 10.9 cents per gallon during the last month, but is still more than 48 cents per gallon lower than this day one year ago.

“As the national average for retail gas prices appeared to be headed for a week over week decrease, prices popped back up thanks to a late-week surge by Great Lake states," said Will Speer, senior petroleum analyst with GasBuddy.com. “ With the Memorial Day holiday two weeks away, it marks the kickoff to the summer driving season.  Gasoline demand that has already been strong this year will undoubtedly see a huge seasonal increase in demand,” said Speer. 

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