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Gas prices keep heading up

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MONROE, La., (KNOE 8 News) - Average retail gasoline prices in Louisiana jumped 16.9 cents per gallon over the past week, averaging $3.55/g yesterday.

This compares with the national average that has increased 11.9 cents per gallon in the last week to $3.68/g, according to gasoline price website GasBuddy.com. In California, per gallon prices above $5.00 are being reported again in some places. And Chicago and New York are well above the $4.00 mark again.

Including the change in gas prices in Louisiana during the past week, prices yesterday were 8.0 cents per gallon higher than the same day one year ago and are 36.1 cents per gallon higher than a month ago. The national average has increased 42.2 cents per gallon during the last month and stands 16.7 cents per gallon higher than this day one year ago.

"The steady climb of retail gas prices is likely to continue following double-digit increases in wholesale prices with fuel production tightening in the majority of the country's refineries," said GasBuddy.com Senior Petroleum Analyst Gregg Laskoski.

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