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Wednesday, March 26, 2014
Local gas prices fell just a fraction of a cent this week to $3.72, according to AAA East Central. The price is 17 cents lower than a year ago, however.

The national average price per gallon is $3.53, 12 cents more expensive than one month ago, but just a penny above one week ago and 14 cents per gallon less than the same date last year.

Pump prices in most states have moved higher over the last week; however prices did fall in 20 states, including a seven-cent tumble in Ohio. Midwest, and in particular Great Lakes, states have consistently topped the list of most dramatic price changes.

Only prices in Hawaii are above the $4 per gallon threshold. Drivers in California pay the most in the continental U.S. at $3.98, followed by a handful of states the Northeast including New York and Connecticut at $3.77, and Maine at $3.64. A few Great Lakes region states also have higher-than-average prices, such as Illinois at $3.74, Michigan at $3.71, and Indiana with a per-gallon cost of $3.68.

Lofty domestic crude oil supplies have largely offset geopolitical tensions with Russia and positive U.S. economic data, as crude oil prices continue to trade in a narrow range, according to AAA. West Texas Intermediate crude settled 14 cents higher at $99.60 per barrel on Monday.



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