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Seattle Gas Hits $5.69, Trailing National Average by $1.25

By Markets Desk · · 1 min read
A row of fuel pumps at a gas station
Illustration: Tradingbird

Seattle drivers face a $5.69 average, significantly above the national $4.44 benchmark amid refinery disruptions.

Key points

  • Seattle gas averages $5.69 per gallon, which is $1.25 higher than the $4.44 national average.
  • Refinery issues in the Great Lakes caused price spikes of over 30 cents in five states.
  • Seattle prices rose 3.3 cents last week, while the national average increased by 18.5 cents.

Seattle average gasoline prices reached $5.69 per gallon this week. This figure sits $1.25 above the current national average of $4.44.

Local drivers paid 3.3 cents more per gallon than last week. Prices in the city now exceed the national benchmark by a wide margin.

Regional price gaps widen sharply

The local premium reflects specific supply constraints in the region. Seattle prices rose 28.2 cents from a month ago. This trend contrasts with a 34.4 cent national monthly increase.

Diesel costs also climbed to a national average of $6.49. This increase of 30.7 cents per gallon affects commercial transport costs. The rise mirrors the broader trend in gasoline pricing.

Refinery issues drive national increases

GasBuddy attributes the surge to refinery problems in the Great Lakes. Five states in that region saw price jumps over 30 cents. These operational issues restrict domestic fuel supply significantly.

Global diesel supply faces pressure from strikes on Russian refineries. Five states recorded diesel increases exceeding 50 cents per gallon. These geopolitical factors create uncertainty for future price movements.

Historical data shows persistent local premiums

Seattle prices have remained high for five consecutive years. In 2021, the local average was $4.00 while the national was $3.19. This pattern indicates a structural cost difference for local consumers.

The data from komonews.com highlights the scale of the disparity. Seattle’s current price is the highest in the last five years. Drivers should expect volatility due to ongoing international tensions.

Based on reporting by komonews.com, compiled by the Tradingbird desk.

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