Gas prices up; predicted to rise more

Published 8:52 am Monday, October 4, 2010

Gas prices have risen and will continue to go up.

Average retail gasoline prices in Alabama have risen 0.7 cents per gallon in the past week, averaging $2.56 per gallon Sunday.

This compares with the national average increase of 2.1 cents per gallon in the last week to $2.72 per gallon, according to the gasoline price website AlabamaGas Prices.com.

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Prices Sunday were 31.4 cents per gallon higher than the same day one year ago and are 8.3 cents per gallon higher than a month ago.

“Last week we saw oil prices surpass $80 per barrel after a government report indicated a larger-than-expected drop in petroleum supplies. Combined with other positive signals from the economy, oil prices spiked and motorists should expect retail gasoline prices to move higher in the coming days as a result,” said Patrick DeHaan, GasBuddy.com senior petroleum analyst.

“Most areas across the U.S. will see gasoline prices rise this week, anywhere from a few cents per gallon to a dime or perhaps even more,” he said.

Some prices taken Oct. 3 around the Selma area include:

Cougar 5, 2633 Ala. Hwy. 41, $2.509 regular

Southern Pantry 8, Citgo, 406, U.S. Hwy. 80 E, $2.539 regular

Raceway 885, Raceway, 207 Highland Ave., $2.589 regular

Murphy USA #5692, 1501 ½ Ala. Hwy. 14 E, $2.589 regular

Kens General Store, 3766 U.S. Hwy. 80 W., $2.599 regular

Valley Grande Kwik Stop, BP, 3017 Citizens Pkwy, $2.649 regular

Chevron, 4865 U.S. Hwy 80 E, $2.659 regular

Junction BP, 1830 Ala. Hwy. 14 E, $2.699 regular