Gas Prices Rise for Second Week in a Row

For the second consecutive week, gas prises rose in the Bucks and Montgomery County areas, according to AAA’s Fuel Gauge Report.

The average price of self-serve regular rose about 1.3 cents since last week, which is still 7.2 cents lower than last month but 5 cents higher than a year ago.

The price per gallon in Pennsylvania is also up – by about 2.3 cents – since last week. The national average price of a gallon of self-serve regular is $3.300, while the average locally is $3.491.

However, despite the slight rise, AAA continues to predict that prices in 2013 will be, on average, lower than the 2012 average of $3.60. In the first 90 days of 2012, the report states, geopolitical tensions with Iran pressured the national price at the pump almost 65 cents higher. Without a similar market moving story now, it is likely that the year-over-year discount will widen in the coming months.

Locally, the cheapest price for regular is $3.38 at the Wawa (1510 Easton Road) in Horsham.

If you spotted a better price, tell us in comments.

1/2/13

WEEK AGO

YEAR AGO

National

$3.300

$3.292

$3.374

Pennsylvania

$3.522

$3.499

$3.457

Bucks/Montgomery Area

$3.491

$3.478

$3.441

Lehigh Valley

$3.509

$3.485

$3.417