Gas prices spike 13 cents in three days


Since the start of the month, the average price of a gallon of gasoline has risen 9 cents to $2.56, up 39 cents from a year ago, the AAA said Monday.

Gas prices were also up statewide, rising from $2.40 per gallon last week to $2.53 per gallon Monday.

Last year, Florida averaged $2.10 per gallon on Thanksgiving day, $2.08 per gallon in 2015 and $2.79 in 2014.

"It's been a lousy time for motorists, and I'd expect to see some cut their spending during the holidays as gas prices are up", said Patrick DeHaan, head of petroleum analysis for GasBuddy.

Austin- $2.26/g, up 5.2 cents per gallon from last week's $2.21/g.

"Many cities across Kansas are seeing gas prices 20 percent to 30 percent higher, when compared to the same time in 2016", said Jennifer Haugh, AAA Kansas spokeswoman.

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

Massachusetts's current prices mirror a national trend, according to GasBuddy's data.

The bump in gas prices means that those driving long distances for Thanksgiving, just a week and a half away, will face higher costs to do so. It may not show up at the pump yet, but the price of crude oil has come down recently as nine USA rigs were added last week and domestic inventories went up.

Price-comparison website holds little good news for motorists who try to seek out bargains. "Fortunately, oil prices backed off a bit last week, which pulled the plug on the gas price hike".

"Gasoline inventory is still on the low side, but wholesale gas prices have plummeted", DeHaan said.

AAA found that in Rhode Island, self-serve, regular gasoline is selling for as low as $2.39 per gallon and as high as $2.70.