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Pump Prices Creep Toward $2 A Gallon
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Published: March 17, 2009
TAMPA - Local gasoline prices could reach $2 a gallon as refiners begin making summer-grade fuels, AAA says in its weekly report.
In Florida, motorists are paying an average of $1.97 a gallon for regular unleaded, down from $1.98 a week ago. In the Tampa Bay area, retailers are charging $1.92 on average for the same grade of fuel.
"Although retail gasoline prices declined slightly this past week, they may increase this week due more to refinery operations than to crude prices," AAA spokesman Gregg Laskoski said. "March and April pressures on refineries usually push retail prices higher, and that could push us past the $2 level in many markets."
Nationally, pump prices are averaging $1.91 a gallon, down from $3.28 a year ago, according to AAA.
Benchmark crude for April delivery gained $1.10 to settle at $47.35 a barrel on the New York Mercantile Exchange on Monday after falling below $35 in December.
Reporter Russell Ray can be reached at (813) 259-7870.
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