The average price for a gallon of self-serve regular gasoline in Bucks and Montgomery spiked 17.8 cents since last week, according to AAA’s Fuel Gauge Report.
That increase since last Monday is the most dramatic one-week spike in nearly two years, the report states. The price surge was largely the result of higher crude oil prices and the “rubber-banding” of midcontinent retail gasoline prices, which fell dramatically to end the year and are now swinging back up.
Locally, the price per gallon average is $3.670. The national average went up 16.9 cents from a week ago to $3.533 and the Pennsylvania average increased 13.7 cents to $3.670.
In Bensalem, the cheapest price for regular is $3.63 at Vigilante Liberty at 1214 Bristol Pk.
2/05/13
WEEK AGO
YEAR AGO
National
$3.533
$3.364
$3.480
Pennsylvania
$3.670
$3.533
$3.558
Philadelphia Area
$3.670
$3.492
$3.559
If you spotted a better price, tell us in comments.
