AAA Daily Fuel Gauge Report for Friday, 7/9/21

National Average Price for Regular Unleaded Current: $3.746; Month Ago: $3.803; Year Ago: $3.867. National Average Price for Diesel Current: $4.546; Month Ago: $4.452; Year Ago: $4.883.

Crude oil prices rose but backed away from multi-year highs on Wednesday after U.S. government data showed an increase in fuel inventories and a falloff in refining activity. A broad, global market rally, including stocks, has also been fueling investment into crude oil futures, but analysts warned of possible overheating. U.S. crude inventories fell 4.9 million barrels last week, more than the 3.9-million decline forecast, but bigger-than-expected builds in gasoline and fuel stocks offset that drawdown, the Energy Information Administration reported. Click Read More below for additional information.

National Average Price for Regular Unleaded Current: $2.179; Month Ago: $1.978; Year Ago: $2.730. National Average Price for Diesel Current: $2.438; Month Ago: $2.408; Year Ago: $3.001.