AAA Monthly Gas Price Report

Mar 01, 2013 -- 10:36am

A monthly report out today by AAA Mid-Atlantic shows that the national average price of gasoline has increased 49 cents per gallon since the beginning of the year, which is the highest price increase through the end of February on record.

Gas prices began 2013 at $3.29 per gallon and have climbed a total of 46 days to a national average of $3.78 per gallon. The previous record through the end of February was a rise of 46 cents per gallon in 2012. The dramatic increase has resulted in the highest average prices ever for this time of year.

AAA Spokesman Jim Lardear says decreased production squeezes gasoline supplies, which leads to higher pump prices for motorists; he says the anticipated transition to summer-blend gasoline also has contributed to higher prices.

AAA expects gas prices to peak at a lower national average than last year’s high of $3.94 per gallon.

 

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