Monday, April 09, 2012

Still Rising Gas Prices

Area Prices Higher Than Average

LABELLE, FL. -- Average retail gasoline prices in Florida have risen 2.6 cents per gallon in the past week, averaging $3.95/g yesterday. This compares with the national average that has increased 1.4 cents per gallon in the last week to $3.91/g, according to gasoline price website

Prices in the Hendry-Glades county area continue to be about five cents higher than Florida average prices. The lowest prices, $3.99 is at Citgo on South State Road 29 near LaBelle. Average prices are $4.04 at other local stores.

Including the change in gas prices in Florida during the past week, prices yesterday were 20.0 cents per gallon higher than the same day one year ago and are 17.8 cents per gallon higher than a month ago. The national average has increased 16.8 cents per gallon during the last month and stands 17.2 cents per gallon higher than this day one year ago.

"Gasoline prices in the hardest hit areas have finally shown signs of relief, with gasoline prices falling now in Chicago as they have for a few weeks in California," said Senior Petroleum Analyst Patrick DeHaan. "We're beginning to see refinery utilization rise, indicating refineries are coming out of maintenance and boosting production. If we continue to see utilization rise at domestic refineries, we may see an earlier peak than we have in prior years, " DeHaan said.

No comments:

Post a Comment