Gas Prices Up 49 Cents Since Start of Year; Higher Prices Yet To Come
Posted:
Updated:
After 36 consecutive days of rising gas prices, AAA Mid-Atlantic reports the national average fell for three straight days last month. (AP Photo, file)
Gas Prices Up 49 Cents Since Start of Year; Higher Prices Yet To ComeMore>>
Although drivers found some slight relief at the pumps this week, AAA Mid-Atlantic reports the national average price of gas still marked the highest on record for this calendar day.
According to AAA, the price of regular grade gasoline was $3.77, down a cent this week.
After 36 days of rising prices, AAA says the national average fell for three straight days from Feb. 23 to the 25 to break the longest string of increases in nearly two years.
The recent surge, according to AAA, is the result of refinery maintenance and other issues, which have produced less gas and fewer supplies.
"Motorists unfortunately are paying more for gasoline than ever at this time of year," Jana Tidwell of AAA Mid-Atlantic said in a statement. "There is a lot of uncertainty on where gas prices will go over the next few weeks and there is still refinery maintenance to be completed and most of the country must transition to summer-blend gasoline, so motorists are likely to face continued high prices in the weeks ahead."
AAA analysts believe gas prices may peak sooner than in previous years.
Thursday, May 23 2013 11:27 PM EDT2013-05-24 03:27:11 GMT
The Boy Scouts of America throws open its ranks to gay Scouts but not gay Scout leaders - a compromise that some warned could fracture the organization and lead to mass defections of members and donors.
The Boy Scouts of America throws open its ranks to gay Scouts but not gay Scout leaders - a fiercely contested compromise that some warned could fracture the organization and lead to mass defections of members and donors.
Thursday, May 23 2013 10:10 PM EDT2013-05-24 02:10:26 GMT
"If I die please take me to Heaven not to Hell." After a near death experience 12-year-old Ibn Anderson showed us how he got down on one knee and prayed for his life. Bandages hide the bullet wounds from
"If I die please take me to Heaven not to Hell." After a near death experience 12-year-old Ibn Anderson showed us how he got down on one knee and prayed for his life. Bandages hide the bullet wounds from
Thursday, May 23 2013 10:04 PM EDT2013-05-24 02:04:43 GMT
If you think a high school sophomore and an 88 year old World War II veteran wouldn't have a lot in common. Think again. When Joseph Blaisse was looking for his final Eagle Scout project he thought of
If you think a high school sophomore and an 88 year old World War II veteran wouldn't have a lot in common. Think again.
Thursday, May 23 2013 7:25 PM EDT2013-05-23 23:25:16 GMT
The Philadelphia Parking Authority gets caught on tape breaking the rules, or so it appears. The PPA responds to a video that has gone viral in Philly.
The Philadelphia Parking Authority gets caught on tape breaking the rules, or so it appears. The PPA responds to a video that has gone viral in Philly.
Thursday, May 23 2013 6:49 PM EDT2013-05-23 22:49:28 GMT
Your Friday will feature steadier showers and thunderstorms early giving way to scattered showers and thunderstorms throughout the day. We reach an early High of 64, followed by falling temperatures. Winds pick up out of the NW 10 to 15 mph. Right now the Memorial Day Weekend looks cool with highs in the low to mid 60s.
Thursday, May 23 2013 5:03 PM EDT2013-05-23 21:03:32 GMT
Investigators allege that bars and restaurants in New Jersey disguised cheap booze, or worse, as the expensive stuff and made you pay the higher price.
Investigators allege that bars and restaurants in New Jersey disguised cheap booze, or worse, as the expensive stuff and made you pay the higher price.
