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Gas Prices Continue Upward Trend Here

By on March 28, 2016 in WNDB News

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Florida – The price of gas in Florida climbed about 4 cents per gallon to a statewide average of $2.06 in the past week according to AAA in Tampa. That’s for a gallon of regular self-serve unleaded.

“Gas prices keep pushing higher due to upward pressure on crude oil, supply and demand, and refinery maintenance season,” said Mark Jenkins, spokesman for AAA. “The weekly average price of oil shifted higher by nearly $2 a barrel last week, signaling what could be another 5 cent hike at the pump. Although pump prices should rise more in the coming months, they will likely remain lower than year-ago comparisons.”

A gallon of self-serve regular unleaded gas cost Floridians $2.49 a year ago, 43 cents more than Sundays statewide average of $2.06. Two years ago, Floridians were paying a whopping $3.60 for a gallon of gas, $1.53 more than they are now.

The average price for that same gallon of gas in Daytona Beach as of Sunday was just shy of $2.05.

Jenkins says analysts expect pump prices to top out at around $2.50 per gallon this summer, and prices should drop back down by the end of the year.

Copyright Southern Stone Communications 2016

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