Monday, August 20, 2012

Gas Prices Still Surprising Motorists

Price Still About 10 Percent Higher Than Month Ago

LABELLE, FL. -- Average retail gasoline prices in Florida have risen 1.6 cents per gallon in the past week, averaging $3.64/g yesterday. This compares with the national average that has increased 2.1 cents per gallon in the last week to $3.70/g, according to gasoline price website

Hendry/Glades county prices are still a dime or more higher than Florida averages. In LaBelle yesterday $3.77 was the going rate.

Including the change in gas prices in Florida during the past week, prices yesterday were 10.1 cents per gallon higher than the same day one year ago and are 27.3 cents per gallon higher than a month ago. The national average has increased 21.9 cents per gallon during the last month and stands 11.8 cents per gallon higher than this day one year ago.

"The national average has finally begun to cool off after rising nearly every day since the start of July," said Senior Petroleum Analyst Patrick DeHaan. "As the West Coast and Great Lakes see refining issues in the rear view mirror, as well as the end of the summer driving season approaching, we may see a new downward pattern develop which could see average prices falling- especially after mid-September, a pattern that could dominate the gas pump until the holiday season," DeHaan said.

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