Tuesday, July 24, 2012

Gas prices continue to rise - Philadelphia Business Journal:

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The average retail price of a gallon of regular unleadedd in Florida rose 6 centsto $2.47u last week, according to . West Palm Beachn had the highest price per gallon of unleadefd regular inthe tri-county area at $2.56 a up from $2.16 a montyh ago. Regular gas in Miamji is selling for just a penny lessat $2.55, up from $2.123 a month ago. Fort Lauderdale reported the cheapest priceat $2.52, up from $2.11 last "The current retail price trenfd has been pushed by refinery reductions, crudwe and wholesale price increases, but not by consume r demand," said Gregg Laskoski, managinv director of public relations, AAA Auto Club Crude oil on the closed last week at $66.
31 a barrel, up $4.64 a barrel over the previou s week. However, for gas prices to hit $3, cruded would need to trade atabout $100 per barrel, well above even the highest projections this year of $70 to $75, accordinv to Tom Kloza, publisher and chief oil analyst at .

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