Over the last month, prices have fallen an average of five cents a gallon.
Analysts blamed the beginning of refinery maintenance shutdowns in the region for the sudden increases.
Average retail gas prices in Pittsburgh have gone down by 2.7 cents per gallon in the price week, to an average of $2.79 per gallon Sunday, according to GasBuddy and its daily survey of 731 gas outlets in Pittsburgh. Including the change in gas prices in Sacramento during the past week, prices yesterday were 33.6 cents per gallon higher than the same day one year ago and are 3.7 cents per gallon higher than a month ago. "Pump prices are sliding right now because crude and gasoline output have remained strong". The letter stated that new tariffs may delay or cancel future projects resulting in, among other things, potential higher prices at the pump. This could lend weight to oil prices being too high, but at the same time, we continue to see if any major disruptions occur at USA refineries to offset any devaluation in the price of oil. The lowest prices are in the Traverse City area where it's about $2.53 a gallon and the highest in Jackson where its about $2.64 a gallon.
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A separate survey by AAA Auto Club also released today said that average gas prices fell across Tennessee by an average of 1.5 cents per gallon with the cheapest fuel prices in the state in Southeast Tennessee.
But DeHaan said while prices have remained in a middle ground analysis are expecting a surge in the months ahead.
At the close of NYMEX trading Friday, West Texas Intermediate (WTI) crude oil settled at $62.04 per barrel, up 79 cents from the previous week.