Gasoline prices increased by 8 cents a gallon in February - East Valley Tribune: Mesa

Gasoline prices increased by 8 cents a gallon in February

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Posted: Saturday, March 1, 2014 11:00 am

Arizona pump prices have jumped to multi-month highs, moving up 4.6 cents to $3.317 a gallon. The national average bumped up by more than a nickel to $3.436 per gallon.

The increase in February, however, is approximately 8 cents, which is much lower when compared with February increases in 2011, 2012 and 2013.

In 2011, Arizona pump prices climbed 31 cents per gallon in February. In 2012, they surged 34 cents over the course of the month. In 2013, prices spiked 50 cents during the same span. With one day left in February, the Arizona average has increased just 8 cents this month.

“Prices have started to exhibit the seasonal increase motorists are used to seeing this time of year,” said Linda Gorman, director of communications and public affairs for AAA Arizona, in a press release. “While geopolitical tensions or domestic refinery issues exacerbated this run-up each of the last three years, the absence of such catalysts has resulted in a less dramatic increase thus far in 2014.”

Tucson and Flagstaff hold the low and high state fuel averages at $3.227 and $3.448 per gallon, respectively. South Carolina and California hold the lowest and highest average prices for the lower 48 states at $3.164 and $3.825 per gallon, respectively

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