Average retail gasoline prices in Bellaire have risen 3.6 cents in the past week, averaging $3.24 per gallon as of yesterday.
The local price compares with the national average that has increased 0.6 cents per gallon in the last week to $3.34, according to gasoline price website HoustonGasPrices.com.
Tensions in the Middle East continue to influence the local gas prices, petroleum analyst Patrick DeHaan said.
“We saw oil prices fall gently late last week as tensions with Iran seemingly have cooled somewhat,” DeHaan said. “I’m certainly hopeful that the recent easing in tensions between Iran and the West continues in coming months, but there are certainly no guarantees and few expectations of such. Having said that, I expect gasoline prices to move very little in the next week, and in some areas of the U.S. gasoline prices may fall this week.”
Including the change in gas prices in Bellaire during the past week, prices yesterday were 31.7 cents per gallon higher than the same day one year ago and 23.6 cents per gallon higher than a month ago.
The national average has increased 11.8 cents per gallon during the last month and stands 25.3 cents per gallon higher than this day one year ago.