Tuesday, May 28, 2013

Gas Higher Than Month Ago

Average retail gasoline prices in Florida have risen 0.7 cents per gallon in the past week, averaging $3.46/g yesterday, according to GasBuddy's daily survey of 8,237 gas outlets in Florida. This compares with the national average that has fallen 2.3 cents per gallon in the last week to $3.65/gallon.

Including the change in gas prices in Florida during the past week, prices yesterday were unchanged compared to the same day one year ago and are 4.2 cents per gallon higher than a month ago. The national average has increased 16.8 cents per gallon during the last month and stands unchanged compared to this day one year ago.

"Memorial Day weekend is now over, and believe it or not, many areas saw gasoline prices declining ahead of the long weekend," said Petroleum Analyst Patrick DeHaan. "The U.S. national average dropped nearly three cents per gallon in the last week, while some areas saw an even bigger decline. The best news for motorists is that June typically brings some relief at the pump compared to where prices peaked in May, so for many areas across the country, prices will likely continue to decline," DeHaan said.

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