DENVER — The average price of a gallon of gasoline in Colorado is now 69 cents higher than the national average.
The average price for a gallon of gas is $4.10 in Colorado, as of Monday, Feb. 20, according to new numbers from AAA Colorado.
Gasoline in Colorado has increased 54 cents over the last month and is 75 cents higher than one year ago.
The statewide average was $4.10 on Sunday, $3.99 last Monday, and $3.56 one month ago.
The price of a gallon of diesel in Colorado is $4.82, up from $4.53 one month ago and $3.60 a year ago.
The national average for a gallon of unleaded gas is $3.41, as of Monday, Feb. 20, 69 cents less than in Colorado.
"Motorists across many areas of the country have seen gas prices inching down for another week, while some states have moved higher," said Patrick De Haan, head of petroleum analysis at GasBuddy. "We've seen some refinery challenges in pockets of the country, while others are starting the transition to summer gasoline, weighing on prices. For diesel, the outlook remains bright with prices continuing to fall."
"Oil prices have softened over the last week, helping to limit any upside at the pump, with strong economic data leading to concern that the Fed will continue to use interest rates to slow the economy. This could weaken demand as we head into the peak summer driving season. For diesel, the great news is that the most common price in the U.S. for diesel is now $3.99 per gallon, with average prices continuing to drop. In the next couple of weeks, diesel will finally flip to deflationary compared to a year ago, which is excellent news for the economy."
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