Gas Prices Likely To Climb This Week

posted by Alan McBride - 

Motorists may see higher gas prices this week, after oil and wholesale gasoline prices made solid gains last week.

That's the expectation of analysts at AAA Auto Club Group. 

The state's average price for a gallon of gas has been essentially frozen at around $2.40 since November 1, according to AAA.

Although most metro areas saw little movement during the past week, gas prices rose an average of 8 cents in Sebastian-Vero Beach, 7 cents in Pensacola, and 5 cents in Crestview-Fort Walton Beach. 

AAA reports that most other markets saw gains of only a cent or two. 

The most expensive gas price averages in Florida are in West Palm Beach-Boca Raton, Miami, and Panama City.

The least expensive gas price averages in Florida are in Tampa-St. Petersburg-Clearwater, Orlando, and Jacksonville.

Analysts say drivers are seeing pump prices increase in some markets, due to higher demand and falling supply levels.

Long term fall gasoline demand, however, is expected to drop in November.

Analysts say that should prevent any significant spike in gas prices before the end of the year.

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