Gas Prices Continue To Climb, 18 Cent Increase Since Feb. 1 - Fox 2 News Headlines

Gas Prices Continue To Climb, 18 Cent Increase Since Feb. 1

Posted: Updated:
AAA Mid-Atlantic says gas prices have increased 18 cents since February 1. (AP Image) AAA Mid-Atlantic says gas prices have increased 18 cents since February 1. (AP Image)

In the past month, gas prices have jumped 35 cents and have increased 18 cents since February 1, AAA Mid-Atlantic said Sunday.

Gas prices have now increased 29 straight days.

According to AAA, gas prices rose by 7 cents to a national average of $3.64 per gallon on Friday, 12 cents higher than prices a year ago. AAA says the current national average prices mark the most expensive ever for this time of year.

Crude oil prices remain the biggest factor in the current averages. AAA says crude oil was negatively affected by disappointing economic data from Europe, despite positive employment data in the U.S.

"Since mid-January, the price of fuel has been propelled higher by more expensive crude oil, but more notably by regional refinery issues and the approaching switchover to summer-blend gasoline," Jana L. Tidwell of AAA Mid-Atlantic said in a statement.

"As temporary production concerns are addressed, AAA expects price increases to slow."

AAA says the national average may continue to increase through April but will peak during the spring at a lower price than in 2011, based on its current predictions.

  • Local NewsMore>>

  • 3 Injured, Child Killed In Grays Ferry Shooting

    3 Injured, Child Killed In Grays Ferry Shooting

    Saturday, August 2 2014 1:07 AM EDT2014-08-02 05:07:07 GMT
    SkyFOX was live over the scene on the 1500 block of South Etting Street in South Philadelphia around 9:40 p.m. on Friday. Police say four people have been shot. According to authorities, a 3-year-old girl was shot, one time in the left side of her chest. She was transported to the Children’s Hospital of Philadelphia and was pronounced dead. 
    SkyFOX was live over the scene on the 1500 block of South Etting Street in South Philadelphia around 9:40 p.m. on Friday. Police say four people have been shot. According to authorities, a 3-year-old girl was shot, one time in the left side of her chest. She was transported to the Children’s Hospital of Philadelphia and was pronounced dead. 
  • Philadelphia Cabs Set To Have Security Cameras

    Philadelphia Cabs Set To Have Security Cameras

    Saturday, August 2 2014 12:48 AM EDT2014-08-02 04:48:15 GMT
    Philadelphia cab owners are being told they must install new security cameras, and not everyone is happy about it.
    Philadelphia cab owners are being told they must install new security cameras, and not everyone is happy about it.
  • Suspect Confesses To Murder, Police Search For Bodies In Park

    Suspect Confesses To Murder, Police Search For Bodies In Park

    Friday, August 1 2014 10:22 PM EDT2014-08-02 02:22:08 GMT
    Authorities say they are searching allegedly for two dismembered bodies buried in a wooded in Indian Rock Park in Springfield after a murder suspect confessed to killing two people.
    Authorities say they are searching allegedly for two dismembered bodies buried in a wooded in Indian Rock Park in Springfield after a murder suspect confessed to killing two people.
Powered by WorldNow

WJBK-TV | Fox 2
16550 West Nine Mile Rd.
Southfield, MI 48075

Main Station: (248) 557-2000
Newsroom: (248) 552-5103

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | New Terms of Service What's new | Ad Choices