Gas Prices Increase Nationally This Week

Valdosta's gasoline prices spike

Gas prices in Lancaster County climb 5.5 cents per gallon in past week

"We're still seeing gas prices that are about where they were last year, just a little bit higher, but they're not anywhere near $2.50 or $3.00 which is where they were several years ago". This is the summer price increase that was predicted to hit $2.85 a gallon, but was revised downward.

The price of a gallon of gasoline in Rhode Island has risen by a penny in the past week.

Prices at the pump rose this week as a result of oil and wholesale prices.

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The average statewide price for regular was $2.34 a gallon on Friday, with the cheapest discount stations selling gas between $2.11 and $2.15, GasBuddy.com reported.

After falling in recent weeks, gas prices across the Sunshine State are starting to increase with the state average rising 7 cents across the last week, the second largest weekly increase in the nation behind Indiana.

"Consumers saw a sudden swing at the pump last week, as summer demand soars and crude inventories declined", said Mark Jenkins, AAA - The Auto Club Group. "But by Labor Day and after, we should see gas prices coming back down because demand will soften a bit, people aren't driving as much, but production should still remain very strong". A report from the U.S. Energy Information Administration showed gasoline stocks down 10 million barrels compared to a year ago, which is factoring into the price jump.

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Despite the impact, Right says that prices will likely be in the same range as this time year last year.

Look up Florida gas prices here.

The highest average price in Georgia so far this year, was $2.29 on April 14, while the lowest was $2.08 on July 5.

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