WUFT News

Florida gas prices will continue to rise, says AAA spokesman

By on February 4th, 2013

Florida’s gas prices, currently gauged at $3.57, average about 5 cents more than the national level, marked at $3.52, and a AAA spokesman said the prices could continue to rise.

AAA’s Mark Jenkins said the jump in prices this past week can be attributed to the continually rising oil prices.

“When oil prices go up, so does gas,” he said.

Jenkins said the rise in prices is also from refineries beginning to switch to a more expensive “summer blend,” which happens every year around mid-February to early March.

“The third factor here is increased economic optimism happening both domestically and abroad,” he said.

Last year, gas prices rose 5 cents a week, and maxed at $3.94 in mid-April. Prices reached their lowest point in July at $3.20, Jenkins said.

Based on last year’s numbers, Jenkins said he expects prices to inch up over the next couple of months.

“You can certainly expect to see gas prices fluctuate,” he said. “It will take a little bit of time before these prices actually settle down.”

Jenkins said gas prices could rise another 3 to 5 cents in the immediate future.

Alexa Volland wrote this story online.


This entry was posted in Business and tagged , , , , , , . Bookmark the permalink.
 

More Stories in Business

Customers shop in the produce section of Lucky's Market.

Lucky’s Market Adds To Continued Restoration of Northwest 13th Street

Lucky’s Market is part of a growing trend of businesses opening along NW 13th Street, showing a push toward commercial restoration of the area. Other companies, retailers and small businesses may follow as a result of a more stable local economy.


Bill Bryson at Crane Ramen in downtown Gainesville.

Entrepreneur’s Local Business Ventures Stem From Worldwide Travels

Local entrepreneur Bill Bryson discusses his latest business venture, Crane Ramen, a craft noodle shop that opened in downtown Gainesville in December. Bryson and Crane Ramen co-owner, Fred Brown, saw a market for a ramen restaurant in Gainesville, and they get most of their food from local vendors.


One of the two Thrift 5 stores owned by Pledge 5 in Gainesville. Pledge 5 budgeted the 2014 Gator Stompin' event off projected attendance increases and revenue from the thrift stores, but was unable to meet the expected numbers.

Gator Stompin’ Looking To Get Back On Track With Payback Program

The Pledge 5 Foundation is in debt with local businesses in Gainesville. The organization owes more than $100,000, but it created a program, so that they can pay back the money they owe.


Inmate labor saved taxpayers more than $9 million in 2013. The stoves project was just a small piece of a large statewide operation.

Prisoner Labor Saves Taxpayer Money

In exchange for a reduced sentence, some Marion County inmates participate in a prison work program. The program has produced much of the jail’s infrastructure, saving taxpayers more than $9 million in 2013.


Alex Skobel and his girlfriend Loree Schulson share a moment in one of the Skobel Homes properties. Schulson joked she was trying to steal Skobel's warmth while touring the home on a cold Sunday.

UF Graduate Builds Future Out Of Recession

The economic recession in 2007 led to the unemployment of millions of Americans. However, one University of Florida graduate turned the downturn into opportunity.


Thank you for your support

WUFT depends on the support of our community — people like you — to help us continue to provide quality programming to North Central Florida.
Become a Sustainer
I want to support FM 89.1/NPR
I want to support Florida's 5/PBS
Donate a Vehicle
Day Sponsorship Payments
Underwriting Payments