S. Fla. Gas Prices Up On Higher Crude Prices

By South Florida Business Journal

The price of crude inched up again last week after the Trans-Alaska Pipeline was forced to shut down after a reported leak, and demand for heating oil rose.

Gas prices followed, with the national average of a gallon of regular unleaded up a penny to $3.09.

"Retail gas prices made minimal increases last week and are expected to make slight gains again this week," AAA Auto Club South spokeswoman Jessica Brady said in a news release. "It's likely crude oil will trade between $85 and $95 a barrel for the remainder of the month, as China is trying to slow demand growth in the country."

Floridaâ¿¿s average price of $3.13 was up 2 cents from the previous week. In the tri-county area, gas prices rose a penny across the board, with the average price at $3.18 in Miami, $3.17 in Fort Lauderdale and $3.21 in West Palm Beach.

Copyright 2011 American City Business Journals

http://www.bizjournals.com/southflorida/news/2011/01/17/s-fla-gas-prices-up-on-higher-crude.html?ana=thestreet

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