Gas prices climbing

Published: Monday, January 7, 2008 at 7:05 a.m.
Last Modified: Monday, January 7, 2008 at 7:05 a.m.

Gas prices inched a few pennies higher over the past week nationally and

across Florida. Prices may do the same thing again this week.

Nationally, gas prices rose an average of seven-cents a gallon to $3.10

according to a weekly survey released each Sunday by AAA Auto Club South.

In Florida, average prices paid at the pump for a gallon of self-serve

regular rose about six-cents a gallon to $3.15.

Auto club officials predict rising crude oil prices and low inventories of

crude oil will pressure gas prices to continue rising, according to Randy

Bly, director of community relations for AAA Auto Club South.

In his weekly news releases, Bly noted that unemployment is now at a two

year high and may lead to an economic slow down later in 2008.

"In addition, the dollar fell again against the euro with news that the

Federal Reserve may cut borrowing costs in the near future…an action that

tends to promote oil rallies and keep crude prices high," Bly wrote in the


Average prices for self-serve, unleaded gasoline in Florida

Current $3.158

Week Ago $3.092

Month Ago $3.099

Year Ago $2.350

Source: AAA Auto Club South

Reader comments posted to this article may be published in our print edition. All rights reserved. This copyrighted material may not be re-published without permission. Links are encouraged.

Comments are currently unavailable on this article

▲ Return to Top