Gas prices up 4 cents in Meadville area since last week

Florida, Jacksonville gas prices soar over the past week

Midland Odessa- $2.50/g, up 7.1 cents per gallon from last week's $2.43/g.

AAA released a study on Monday showing the average gallon of gas in Florida cost $2.53 on Sunday. Gas prices were the same as last month's average and have increased by 41.7 cents from last year's average.

Gas demand is expected to continue its upward trajectory this November, cutting into the national gas inventory, according to a report by AAA. "Theyre not going to sacrifice that time just because gas prices are a little more expensive". A couple of stations in the Peachtree Corners and Norcross area sold gas for $2.25 per gallon.

"Our usual autumn pump price plunge was interrupted by rising oil prices", said Mark Jenkins, a spokesman for AAA.

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High gas demand cuts into USA inventories. German President Horst Koehler said on Sunday higher petrol prices is the surest means to convince traditionally car-loving Germans to seek more environmentally-friendly alternatives, and his comment has already sparked the ire of the automobile lobby. Despite the current highs, "oil prices let off the throttle last week, allowing gas prices to find what appears to be solid ground". Average Florida prices did, however, hold steady over the weekend, AAA said. "Absent is the beloved fall at the pump that we're used to that accompanies the fall weather, but apparently this year is playing a trick on motorists".

Isn't it interesting that gas prices never fall that fast following steep oil-price declines? So when that becomes untenable (or the price of wholesale gas goes up), one gas station will raise its prices.

The year's lowest stretch of gas prices came in July, according to DeHaan. The lowest price for a gallon of gas in Jacksonville Monday was found at Norman's Food Store at Post Street and King Street where it was selling for $2.33.

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