Why gas prices will keep rising this summer

Roseville Gas Prices Driving Higher

By comparison though, the average price of gas during this time of year in 2013 was $3.42 per gallon. Prices at other stations held firm with the lowest price in Coldwater at $2.83. Hancock has the second lowest gas prices at $2.73, followed by Mercer at $2.73, Allen at $2.762, Auglaize at $2.78, Putnam at $2.791, Van Wert at $2.792, Shelby at $2.80 and Logan at $2.85. North Carolina's average falls below that level, at $2.71 per gallon.

"That same barrel this time previous year could've been bought for about 49 dollars", Right points out.

Gas prices in the Lima region have gone down 3.7 cents since Sunday, according to prices reported to GasBuddy.com.

That jump in gasoline prices you've noticed in the last week may have more than a little to do with geopolitics. Modesto- $3.53/g, up 7.1 cents per gallon from last week's $3.45/g. Gas prices have gone up 53.5 cents since past year and is up 16.2 cents since last month.

AAA expects drivers across Virginia and the country to continue seeing rising gas prices after the US reimposed sanctions on Iran last week, AAA Tidewater said.

According to "Triple A", prices will continue to do that through the Fourth of July holiday before they stabilize. "In addition, as money continues to flow into commodities as bets for higher oil prices rise, there's a strong chance of seeing crude oil prices continue to rally in the weeks ahead, with odds of hitting $3/gallon nationally now better than 65% just in time for the summer driving season".

"Well, I would say ten cents a gallon wouldn't be unreasonable to expect", he said, "but I don't know that anybody's got a good handle on what's going on".



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