The latest AAA Gas Survey is out and the news for 2017 is look for continued rising prices.
According to the AAA:
The New Year began with increased gas prices reaching today’s average of $2.34 per gallon. The national average has moved higher for 34 of the past 35 days, largely due to market reactions to last fall’s OPEC deal. Pump prices increased by five cents on the week, by 18 cents per gallon on the month, and are up by 34 cents on the year.
Moving into 2017, retail prices will continue to hinge on the ability of cartel countries to successfully implement production cuts, but retail averages are likely to increase leading up to the summer driving season as seasonal refinery maintenance gets underway this spring.
Florida ranked third for the largest weekly increase of 9 cents per gallon being the average price to $2.41.
Here is a look at the average prices in Florida as of 1/4/17. You can look up the average prices for selected areas of Florida HERE
The new year is expected to bring the highest gasoline prices since 2012. The analysts at GasBuddy expect the average cost for regular, unleaded gas to spike to $2.49 per gallon up from $2.13 in 2016. That means US drivers could be collectively shelling out $52 billion more at the pump than they did in 2016.
