Price At The Pump Continues To Inch Up
MIAMI (CBSMiami) - You knew gas prices below two bucks a gallon were too good to last.
In the last three months, we've had the cheapest gas prices in the last 12 years. The national average price of gas during the first quarter was $1.86 per gallon, making it the cheapest quarter for gasoline since January-March 2004.
But in the last couple of weeks the price at the pump has begun to inch up and it could rise another 25 cents per gallon by Memorial Day, according to AAA - The Auto Club Group.
"High demand and season maintenance should keep upward pressure on gas prices through Memorial Day," said Josh Carrasco, AAA spokesman. "Even though gas prices currently remain volatile, drivers are saving $4-$9 every time they fill up their tanks compared to last year."
The national average price of gas has risen 36 of the past 40 days. Nationally, a gallon of regular unleaded is $2.06, up 2 cents from last week, but 34 cents cheaper than a year ago.
In Florida, the average price for a gallon of gas is $2.07, up 1 cent from a week ago, but 44 cents cheaper compared to this time last year.
