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Increase in demand pushes gas prices up slightly

Motorists are paying more to fill up at the pump than last Monday in nearly 30 states, with the vast majority paying just a few pennies more.

On the week, South Carolina (+8 cents) saw the largest increase followed by these states which each had a six-cent increase: Michigan, New Mexico, Indiana, Delaware and Minnesota, AAA reported Monday.

The average pump price in Virginia followed the national trend increasing a penny over last week to $2.03. Hampton Roads saw a larger jump with Monday’s average at $2.01 compared to $1.97 last week.

With most states seeing increases, the national gas price average pushed a penny more expensive. The overall weekly increases seen across the country are likely a reaction to the latest Energy Information Administration’s report showing increased demand (from 8.3 million barrels/day to 8.7) while supply dwindled by 2.3 million barrels.

“Following a jump in demand, we’ve seen a number of state gas price averages increase on the week. However,...

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