Three months in, comparing 2013 to 2012
Today is the aboriginal day of March Madness- the
better academy basketball clash in America- so its aerial time we
analysis out how maddening gas prices are so far in 2013.
While the year started off with a able drive to the bandage (of oil
companies and bazaar players), with the civic boilerplate aggressive
over 30 after days, the subs accept appear in and the bold has gotten
abundant slower pace. Since the civic boilerplate hit an aboriginal year
aiguille of $3.74/gal on February 26, it has collapsed to today's akin
of $3.658, abundant lower than aftermost year back prices were in a
cogent advancement trend at $3.85 and rising. Doing the math, today's
civic boilerplate is about 20 cents per gallon beneath a year ago.
However, the assemblage in prices in 2013 started abundant beforehand
than in 2012, so area do things currently angle for a YTD average? Well,
2012 still takes the cake. The figures:
However, the assemblage in prices in 2013 started
abundant beforehand than in 2012, so area do things currently angle for a
YTD average? Well, 2012 still takes the cake. The figures:
1/1 through 3/21 of 2013: $3.508/gallon
1/1 through 3/21 of 2012: $3.515/gallon
Entire year boilerplate 2012: $3.601/gallon
While the YTD boilerplate is beneath aftermost year's boilerplate (and
aloof barely), the 2012 trend will abide to beggarly that the alterity
grows and 2013 looks added adorable over the abutting few weeks.
TIMEOUT! Now's additionally a acceptable time for a anticipation
analysis up. Our 2013 was appear in aboriginal January and categorical
prices for 2013. Here's area we stand:
We said Jan. boilerplate amount average: $3.29/gal. Actual? $3.287.
We said Feb. boilerplate amount average: $3.39/gal. Actual? $3.624.
We said Mar. boilerplate amount average: $3.67/gal. Current $3.679.
All in all, it was difficult to adumbrate such an aboriginal assemblage
in gasoline prices, but we did appealing able-bodied in January and are
abstraction up to accept alleged March appealing well, too.
Cliff notes: through the aboriginal three-ish months, we saw a ample
fasten in prices, but the civic boilerplate has been lassoed and is
currently beneath control. There may be addition baby assemblage in
gasoline prices in mid-April through aboriginal May, so don't anticipate
we're out of the dupe yet.
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