Gas prices dropped by a couple of cents a gallon in Delaware, despite an increase in crude oil prices, Wilmington-based AAA Mid-Atlantic reported. In its latest weekly report, new data from the Energy Information Administration showed that gas demand dropped while total domestic gas stocks increa
Gasoline prices in Delaware remained steady in the week leading up to the Memorial Day holiday, Wilmington-based AAA Mid-Atlantic reported. Drivers should have little problem finding gasoline but will be paying around $1 more a gallon than they did during the holiday last year. Delaware driver
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Delaware drivers felt a price pinch at the pump in the past week week as much of the Eastern seaboard dealt with the shutdown of the Colonial Pipeline, Wilmington-based AAA Mid-Atlantic reported.
Delaware drivers ended the week 10 cents higher than one week ago as prices hovered around $3 a gallon.
Membership clubs, Costco, Sam’s, and BJ’s had the lowest prices, with regular selling at $2.74 a gallon as of Monday morning.
Convenience store-gas station chains posted $3 a gallon gas in some locations.
Gas price averages are likely to fluctuate in the coming days, and states where prices have spiked, will see some relief as the pipeline goes back into full operation.
Delaware Business Now
Delaware drivers saw another week of increases at the pump.
South Jersey and Delaware saw increases of four cents in the past week while the national average saw little change.
A year ago, the comparison reflects turbulent times in the oil industry as the pandemic took hold and stay-at-home orders were issued.
According to new data from the Energy Information Administration (EIA), total domestic gasoline stocks increased last week. The increase helped to limit pump price increases as demand dropped. Continued growth in total domestic supply will likely help keep pump prices in check through the weekend amid a reduction in demand.