Monday, November 25, 2013

Higher Thanksgiving Gas Prices As Usual

Despite earlier predictions of lower gas prices for the holidays, average retail gasoline prices in Florida have risen 15.0 cents per gallon in the past week, averaging $3.40/g yesterday, according to GasBuddy's daily survey of 8,237 gas outlets in Florida. 

This compares with the national average that has increased 5.1 cents per gallon in the last week to $3.26/gallon.

The gasoline marketers seem to raise prices around holiday weeks despite seemingly high inventories of available product say some observers.

Including the change in gas prices in Florida during the past week, prices yesterday were 2.8 cents per gallon higher than the same day one year ago and are 12.6 cents per gallon higher than a month ago. The national average has decreased 5.4 cents per gallon during the last month and stands 17.4 cents per gallon lower than this day one year ago.

"The national average has seen its bounce continue in the last week across most of the nation," said Patrick DeHaan. "Some of the lows we saw just a couple weeks ago have vanished, replaced by higher digits as oil prices rallied. It will be an interesting week ahead as some notable progress emerged after developed countries came to a partial solution on Iran's nuclear ambitions. Just that action alone may result in significant downward pressure on oil prices as tough sanctions may soon be eased, allowing Iran's oil to flood an already well-supplied marketplace," DeHaan said.


  1. Anonymous6:08 AM

    why does it effect theprice of gas still sitting in the tanks at gas stations.

  2. Anonymous5:19 PM

    Because they can, wait till Australia opens their new found oil wells and Saudis will have nothing to eat but oil. War war war