30 Cent Increase in 1 Month

  • Kyle Schmoyer, Anisha Menezes
  • Ebru News
  • Tue Aug 14th 2012

Close to $4 dollars in the spring, and about $3.50 in summer. Gas prices have been fluctuating like shares on the stock market.

Right now the national average for a gallon of regular gasoline is $3.66- an increase of 3 cents in the last week.

Tracy Noble, an AAA spokesperson says "It's an anomaly especially this time of year. What we've typically seen is, gas prices rise at the start of the summer driving season. This year, prices dropped. Then we got to July, and everything started going up again."

A month ago the average price was $3.38. There has been nearly a 30 cent increase in 30 days.

That leaves us, where we were a year ago at $3.65. Some blame it on fewer oil refineries at work, in the South and Midwest.

"You can throw out that theory, you can speculate. You can throw out an increase in travel, because people took to the road. All of those factors add up," says Noble.

One way to pinch pennies is to maximize your usage. Check your tire pressure, and map smarter routes.

Noble has sound driving advice, "Make sure you don't drive significantly over the speed limit. If you do, you’re using more gas. If you have a dozen errands to run, make a smart plan. Map out your route so that you’re going in a circle.”

Analysts say there are no safe predictions for the rest of the season.

"We don't know what we'll see on the Labor day holiday. If this trend continues, we will see an increase day by day, from the end of August and into September," concludes Noble.

That's hardly the news to cheer beleaguered drivers. On the other hand, if you are done with all your road trips, count yourself lucky.


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