Gas prices leap as summer travelers hit the road


Published: Monday, July 15, 2013 at 11:24 a.m.
Last Modified: Monday, July 15, 2013 at 11:24 a.m.

Similar to the past two years, retail gas prices are headed back up following Independence Day, the busiest summer holiday travel weekend.

Facts

Average price for a gallon of regular gasoline

U.S.
Monday: $3.613
Week earlier: $3.474
Month earlier: $3.618
Year earlier: $3.396

Florida
Monday: $3.546
Week earlier: $3.425
Month earlier: $3.517
Year earlier: $3.297

Source: AAA

As of Sunday, the price for a gallon of regular retail gasoline had jumped an average of 11 cents from last week in the Southeast.

The jump in price was expected after a barrel of oil traded above $100 for more than two weeks.

"Gas prices are on the rise and will continue to follow the upward trend for the next few weeks," Jessica Brady, AAA spokeswoman, said on Monday.

The cost for a barrel of oil closed last Friday at $105.95 on the NYMEX — $2.73 more than the week prior.

On Monday the national average price of regular unleaded gasoline was $3.61, 14 cents higher than last week. Florida's average of $3.55 jumped 12 cents from last week.

Prices in Gainesville on Monday ranged from $3.48 to $3.76, with an average of $3.61 - up 9 cents from last Monday, according to the website www.GasBuddy.com.

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