Gas Prices Rise in Washington, Hold in Wenatchee

AAA Mid-Atlantic: Back in the high life again at gas pump

The average price for a gallon of regular gas in the Bradenton-Sarasota-Venice market was $2.42 on Monday, the same as last week and 3 cents higher than a year ago, according to a report from AAA. One year ago, the price was $2.35. Both stations are now charging $4.02 for a gallon of regular gasoline, $4.37 for a gallon of premium or supreme and $4.43 a gallon for diesel.

"Retail prices could drop 5-15 cents in the next month and a half, while supply outpaces demand", said Mark Jenkins, spokesman for AAA.

Prices at the pump remain elevated due to strong oil prices, AAA said. It is not clear whether or not these price hikes have anything to do with the increase to the liquid fuel tax.

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The Detroit-area's average decreased about 3 cents to $2.64 per gallon.

Sunday national gas price average is $2.49, which unchanged in the last week, up a penny in the last month and 12 cents higher than this time a year ago. The first two months of the year are typically the times of year that gasoline demand is at its weakest, and with builds in gasoline stock anticipated next week, prices will have a hard time going much higher in the short term. Then the reality of low winter demand pushes them lower for the next month or two.

New Orleans- $2.19/g, up 1.4 cents per gallon from last week's $2.18/g. He does see a short-lived drop in prices in late January, but expects prices to rise again after Valentine's Day.

SpaceX successfully launches secret satellite after weeks-long delay
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Weekly local news headlines from the Jackson Progress Argus.

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