Gas prices up by 10 cents

155
The price of regular gas rose by 10 cents today to $3.78 per gallon. (Photo by Louella Losinio)

Fuel prices have increased again after the price of regular gas rose by 10 cents today to $3.78 per gallon.

This is the first gas price increase since July 27 when the price of regular gas rose to $3.68.

Oil prices hit a nine-month high early on Thursday after U.S. government data showed that crude stockpiles fell last week on optimism over a coronavirus relief package in the United States, EnergyWorld.com reported.

In addition, U.S. crude inventories fell by 3.1 million barrels in the week to Dec. 11, the Energy Information Administration said. This was more than analysts’ expectations of a 1.9-million-barrel drop after stockpiles surged in last week’s data.

2020 Guam Gas Price Changes:

*January 1: $4.15

January 8: 10-cent increase to $4.25
January 23: 10-cent decrease to $4.15
February 3: 10-cent decrease to $4.05
March 3: 10-cent decrease to $3.95
March 10: 10-cent decrease to $3.85
March 13: 15-cent decrease to $3.70
March 25: 20-cent decrease to $3.50
April 1: 20-cent decrease to $3.30
April 9: 15-cent decrease to $3.15
April 17: 10-cent decrease to $3.05
April 24: 7-cent decrease to $2.98
May 7: 15-cent increase to $3.13
May 19: 15-cent increase to $3.28
June 4: 15-cent increase to $3.43
June 12: 15-cent increase to $3.58
July 27: 10-cent increase to $3.68

December 17: 10-cent increase to $3.78

##