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Florida gas prices climb toward $4 a gallon

2:25 PM, Mar 19, 2012   |    comments
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TALLAHASSEE, Fla. -- Gas prices continue their steady rise and now it looks as though $4 a gallon is inevitable in Florida.

The latest report from the AAA Auto Club Group shows the average price for a gallon of gas is $3.82 in Florida. That's just slightly below the national average of $3.84 a gallon.

There are a couple of factors driving up prices at the pump: uncertainty about Iran and stronger consumer confidence in the United States. As Americans feel better about the economy, they buy more gas and that pushes prices up.

Crude oil prices have remained stable around $107 a barrel for several weeks. Brenda Smith of AAA says that's helping keep gas prices from rising faster.

But she says look for prices to keep edging up toward summer.

"Four dollars a gallon is in our future is what we're looking at. If you compilate that we're rising two to four cents a week and we expect to see that increase continue week after week, we're only 17 cents nationwide from the average of $4 a gallon."

Motorist Court Roberts is resigned to paying $4 a gallon in the near future.

"I'm a little bit concerned but at the same time, what else can you do about it? So just kind of go with it and try to make the best of it."

Concerns about a supply shortage eased after President Obama said he would release oil from the nation's strategic reserves. But Smith says even that commitment won't be enough to keep gas prices from continuing to increase.

"We still think that gasoline prices are going to continue to rise. No one knows how long it will take them to become really stable where they're not going up day by day, week by week."

AAA predicts gas prices will continue to climb two to four cents a week.

First Coast News

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