Average gas price in Gainesville higher than national average cost
Gas prices have increased daily for the past 31 days straight. This is the longest rising price streak since this time last year, according to AAA.
The national average cost of a regular gallon of gas is up from $3.30 one month ago to $3.75, according to AAA. In Gainesville, the average price for the same gallon of gas is currently $3.88.
At 3:35 p.m. Tuesday, the BP located at 9700 NW 39th Ave. and I-75 was the local gas station with the highest price set at $4.09 for a gallon of regular gas, according to the GainesvilleGasPrices.com.
These price increases result from a number of factors, including a rise in crude oil prices, an increase in demand for oil in other countries and oil refinery closings, according to University of Florida economist Raymond Schaub.
“Generally around this time of year — February and particularly in March — refineries tend to switch from one type of production to another for the warmer summers,” he said.
Schaub said the switch will cause a decrease in the supply of gas and an increase in the prices in the short-term. A peak gas price for this season is unknown.
Cassandra Ganter wrote this story online.
More Stories in Local
Justine Andersen’s name was once Dennis. Her journey has changed her body and her outlook on life.
Clouds of orange and blue cornstarch rained down on more than 1,000 University of Florida students and some members of the Gainesville community as they ran through Fraternity Row, leaving Flavet Field behind them. The runners participated in the second annual [...]
After 25 years with the March of Dimes, Betsy Trent is set to retire on March 1. She is the executive director of the north central Florida division, yet no one has been selected to fill her position at this time.
Peaceful Paths Domestic Abuse Network plans to kickstart its expansion project with a ground-breaking ceremony on March 4 in its main outreach office in Gainesville, Fla.
Raquel Rizkalla’s 10th skydive jump ended in severe injury when she failed to properly steer her parachute for landing. The 19-year-old UF sophomore hit a metal fence, causing broken ribs, a shattered pelvis and a broken femur. A month later, the teen looks forward to jumping again even though she can’t currently walk.