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
Week Ago $3.092
Month Ago $3.099
Year Ago $2.350
Source: AAA Auto Club South
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