AAA: Gas prices leveling out after last week's surge

AAA: Gas prices leveling out after last week's surge

According to new numbers from AAA, the price of gas is up significantly versus a year ago.

The state average remained unchanged from last week's price of $2.80 cents per gallon.

With the latest jump of 6.5 cents, gas prices here have climbed 20 cents over these three weeks, according to Monday's report by GasBuddy.

Including the change in gas prices in Pennsylvania during the past week, prices Monday were 41.3 cents per gallon higher than the same day one year ago and are 12.7 cents per gallon higher than a month ago.

The nation's top ten states with the least expensive gas prices: Alabama ($2.26), MS ($2.27), SC ($2.29), Louisiana ($2.30), Arkansas ($2.31), Texas ($2.31), Virginia ($2.32), Tennessee ($2.34), Oklahoma ($2.35) and Missouri ($2.36). That's still significantly higher than a year ago, when the average was $2.23.

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In Gwinnett, the lowest gas prices that could be found on GasBuddy.com were in the $2.19 to $2.23 range in the Lawrenceville area. Oil prices also are up to around $55-$60 a barrel.

"Our usual autumn pump price plunge was interrupted by rising oil prices", said Mark Jenkins, a spokesman for AAA.

Senior Petroleum Analyst Dan McTeague anticipates gas prices will come down a few more cents, but not as much as some might expect. "Fortunately, domestic oil supply and production made solid gains". Floridians are paying an average of $2.53 per gallon.

Typically, gasoline prices are lower in the winter compared to summer.

Prices didn't rise so sharply in South Florida, primarily because they were already higher than in those northern markets at the beginning of the week.

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