Drivers brace for higher gas prices

Gas Prices Rise 3.5 Cents In Chattanooga

Gas Prices Rise 3.5 Cents In Chattanooga

Gas prices are set to spike in Central Florida by as much as 25 cents.

The temporary freeze on gasoline prices has melted away with the national average rising 6 cents per gallon in the last week to $2.71 per gallon Monday, according to GasBuddy's latest weekly survey of 135,000 gas stations.

While gas prices in Southwest Florida remained flat over the week, the USA average is higher than it has been in more than two years, AAA reported Monday.

Gas Buddy historical data reveals that Long Island gas prices since 2008 have fluctuated greatly over the past 10 years, with a recorded high of $4.33 per gallon in 2008 and recorded low of $1.79 back in 2009. "Part of that has to do with prices climbing in other states, but not here".

Knoxville- $2.49, up 7.8 cents per gallon from last week's $2.41.

"Once that gasoline gets to the gas pump we see prices go up there because the gasoline is more expensive to add the additives in and more expensive to produce, so that cost gets passed on to the consumers". But the USA dispute with Syria and the start of the traditionally busy spring and summer travel season are likely to push prices higher at the pump.

"There is tremendous volatility in the oil and gasoline market", AAA spokeswoman Jeanette Casselano said. A barrel of crude was trading for about $66.60 in mid-day trading on the New York Mercantile Exchange Monday.

AAA says high demand for gas and higher oil prices than a year ago are driving up prices.

"The rest of the country is adjusting to those higher wholesale prices and we just haven't gotten there yet", Jenkins said.

"The seasonal surge at gas pumps is in full motion, causing the most dreaded time of year for fearful motorists, especially of what may still be coming", he said. In the past few years, the average date that gas prices have peaked is mid-May, which is just around the corner, and by all metrics, that could be very close to what we expect this time around.

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