Oil prices edged higher on Thursday as U.S. inventories declined, which is a trend that could continue as the summer driving season approaches and refineries start boosting their crude intake.
States like California are experiencing higher prices at the pump (since their last high in 2014), averaging $4.01 per gallon.
The average price per gallon in Texas currently sits at $2.57, with West Texas seeing the highest average price per gallon at $2.74.
The IH-35 corridor is showing the lowest price per gallon currently at $2.49.
WTI closed yesterday at $64.00 per barrel – up $0.24.
Natural gas closed yesterday at $2.49 per mmbtu.