Gas Prices Continue To Climb, 18 Cent Increase Since Feb. 1 - FOX 13 News

Gas Prices Continue To Climb, 18 Cent Increase Since Feb. 1

Posted: Updated:
AAA Mid-Atlantic says gas prices have increased 18 cents since February 1. (AP Image) AAA Mid-Atlantic says gas prices have increased 18 cents since February 1. (AP Image)

In the past month, gas prices have jumped 35 cents and have increased 18 cents since February 1, AAA Mid-Atlantic said Sunday.

Gas prices have now increased 29 straight days.

According to AAA, gas prices rose by 7 cents to a national average of $3.64 per gallon on Friday, 12 cents higher than prices a year ago. AAA says the current national average prices mark the most expensive ever for this time of year.

Crude oil prices remain the biggest factor in the current averages. AAA says crude oil was negatively affected by disappointing economic data from Europe, despite positive employment data in the U.S.

"Since mid-January, the price of fuel has been propelled higher by more expensive crude oil, but more notably by regional refinery issues and the approaching switchover to summer-blend gasoline," Jana L. Tidwell of AAA Mid-Atlantic said in a statement.

"As temporary production concerns are addressed, AAA expects price increases to slow."

AAA says the national average may continue to increase through April but will peak during the spring at a lower price than in 2011, based on its current predictions.

  • Local NewsMore>>

  • Suspect Arrested In Upper Merion Burglary, Home Invasion

    Suspect Arrested In Upper Merion Burglary, Home Invasion

    Wednesday, July 23 2014 1:05 AM EDT2014-07-23 05:05:55 GMT
    SkyFOX was over the scene in Upper Merion just after 8 a.m. on Tuesday morning where police say what started as a burglary turned into a home invasion.
    SkyFOX was over the scene in Upper Merion just after 8 a.m. on Tuesday morning where police say what started as a burglary turned into a home invasion.
  • 'Tuesday's Children' Remembers Family Members Lost To Terrorism

    'Tuesday's Children' Remembers Family Members Lost To Terrorism

    Wednesday, July 23 2014 12:35 AM EDT2014-07-23 04:35:22 GMT
    These children all share a common bond. They've all lost someone they love - because of terrorism.
    These children all share a common bond. They've all lost someone they love - because of terrorism.
  • Shoppers Get Sneak Peak Of New Target Store In King Of Prussia

    Shoppers Get Sneak Peak Of New Target Store In King Of Prussia

    Tuesday, July 22 2014 10:58 PM EDT2014-07-23 02:58:18 GMT
    Shoppers got a sneak peak of the mega Target store located by the King of Prussia mall on Tuesday.
    Shoppers got a sneak peak of the mega Target store located by the King of Prussia mall on Tuesday.
Powered by WorldNow

FOX 13 / WTVT-TV
3213 West Kennedy Blvd.
Tampa, Florida 33609
Main: (813) 876-1313
Newsroom: (813) 870-9630
Fax: (813) 871-3135

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | Terms of Service | Ad Choices