Average gasoline prices have risen 5.8 cents per gallon in past week

Average gasoline prices have risen 5.8 cents per gallon in past week

Including the change in gas prices in Pennsylvania during the past week, prices Monday were 16.3 cents per gallon higher than the same day one year ago and are 7.6 cents per gallon higher than a month ago.

The average price for a gallon of regular gas in the Bradenton-Sarasota-Venice market was $2.48 on Tuesday, after holding steady around $2.43 for two weeks, according to a report from AAA.

According to GasBuddy historical data, gasoline prices on January 15 in Pennsylvania have ranged widely over the last five years: $2.63/g in 2017, $2.10/g in 2016, $2.35/g in 2015, $3.52/g in 2014 and $3.51/g in 2013.

Greenville- $2.32/g, up 11.3 cents per gallon from last week's $2.21/g.

Much like last week, consumers saw a slight increase in both local and national gas prices this week.

But refueling in Chattanooga still averaged 28 cents per gallon less than the USA average and are still among the cheapest cities for gas in the MidSouth.

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Oil prices rose in thin trading Monday to the highest prices since December 2014.

Plus, oil supplies tightened in the United States as domestic production dropped by 290,000 barrels a day - the largest US production drop since mid-October. "This will likely result in a slight dip in prices later this month", said Tammy Arnette, senior public affairs specialist for AAA Mid-Atlantic. That has yet to happen.

The Energy Information Administration reported last week that domestic crude oil production dropped by 290,000 barrels per day.

The increasing fuel costs come as USA oil prices are hovering above $64 a barrel Monday morning.

In South Florida, where the higher cost of doing business keeps gas prices higher, a gallon of unleaded regular averaged $2.55 in Broward and Miami-Dade counties and $2.62 in Palm Beach County.

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