Lenon’s main business news

March 18, 2010

Orlando-area gas prices rise again

Filed under: term — Tags: , — Moon @ 10:09 am

Gasoline prices are continuing an upward trek, with the Florida average for a gallon of self-serve regular up 4 cents at $2.84 and Orlando-area prices up 5 cents at $2.78.

The nationwide average, meanwhile, is $2.78, up 4 cents from a week ago.

“Consumers in the Southeast are beginning to worry that retail gas prices will rise to $3 a gallon in the next week or two,” said Jessica Brady, manager of public and government relations for AAA Auto Club South.

However, Brady said, consumers are not fully confident that the economy and job market will soon improve, leading analyists to believe that fuel demand will be slow to rise.

“This makes it very likely the price of crude oil will further decline this week prolonging statewide increases and averages to $3 a gallon.”

Source

No Comments

No comments yet.

RSS feed for comments on this post.

Sorry, the comment form is closed at this time.

Powered by WordPress