LI gas prices continue to climb

Gas pump nozzle in a car at a filling station

The national average is 19.9 cents per gallon more expensive than last month and 31.9 cents per gallon higher than this time past year.

Gas prices all around the country are on the rise as well, as the national average saw an increase by 2.2 cents per gallon last week, bringing the nation to an average of $2.73 per gallon.

Data released from the Energy Information Administration last week showed a 3.3 million barrel rise in crude oil inventories and a small 500,000 barrel rise in gasoline inventories as refiners increased inputs to 93.5% of capacity.

Oakland - $3.56/g, up 2.8 cents per gallon from last week's $3.53/g.

The AAA Auto Club said today that pump prices will get even more expensive this week and will likely rise to the highest level in more than two years, due to rising geopolitical tensions in the Middle East.

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If gas prices follow their typical trajectory, they may rise slightly in the next month or so but should start falling after that, DeHaan said. Prices are about 28 cents more than at the same point previous year.

Orlando's fuel price average is near the lowest in the state and only a fraction of a penny higher than Tampa, where a similar mix of national gas station brands usually creates matching prices.

"In the past few years, the average date that gas prices have peaked is mid-May, which is just around the corner, and by all metrics, that could be very close to what we expect this time around", DeHaan said Monday in a news release.

$2.12 per gallon in 2017, $1.91 in 2016, $2.18 in 2015, $3.47 in 2014 and $3.29 in 2013. Refinery maintenance has gone well thus far, and gasoline supply has continued to push higher as more refiners conclude their work. "The conflict in Syria has sent crude prices to their highest point in more than three years, and as a result motorists are going to see that at the pump". That also means the average American household can expect to spend $200 more for gas overall in 2018.

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