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Tampa Bay Area Could See Spike In Gas Prices

The Associated Press

Motorists across the country are paying more at the pump as the price of oil rebounds.

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Published: March 24, 2009

TAMPA - Bay area motorists may see higher pump prices this week amid a surge in the cost of crude oil.

Oil prices are up 30 percent this month on the New York Mercantile Exchange. Oil closed Monday at $53.80, up $1.73.

In the Tampa Bay area, a gallon of regular unleaded is averaging $1.957 a gallon, up from $1.904 a month ago, according to AAA's Daily Fuel Gauge Report.

Local retailers are charging $1.85 to $2.13 for a gallon of regular unleaded, according to gasbuddy.com, which uses volunteers to track the lowest and highest pump prices in markets nationwide.

Nationally, motorists are paying $1.966 on average for a gallon of regular-grade gas, up from $1.91 one week ago, AAA said.

Reporter Russell Ray can be reached at (813) 259-7870.

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