Monday, February 27, 2012

Gas Prices Rising Everywhere - 10% Higher Than Year Ago

Average retail gasoline prices in Florida have risen 8.2 cents per gallon in the past week, averaging $3.74/g yesterday. This compares with the national average that has increased 11.3 cents per gallon in the last week to $3.64/g, according to gasoline price website

Including the change in gas prices in Florida during the past week, prices yesterday were 36.4 cents per gallon higher than the same day one year ago and are 23.0 cents per gallon higher than a month ago. The national average has increased 26.6 cents per gallon during the last month and stands 29.8 cents per gallon higher than this day one year ago.

"2012 is looking increasingly like 2008," said Gregg Laskoski, Senior Petroleum Analyst for "Gasoline prices are climbing aggressively as speculation drives crude oil higher; and once again, it's an election year. But this time its the volatility in the Middle East that has everyone wondering 'How high is up?'," he added.

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