Gas prices have gone up every day for the past month.
While the national average is now $3.73 a gallon, some areas of the country have seen prices climb 70 cents since mid-January.
According to AAA's Fuel Gauge Report, the average price for a gallon of regular unleaded gas in the Tampa Bay area is $3.766. It increased two cents, just since yesterday, and more than 40 cents in the past month.
Analysts say the recent spike is based partially on increased international demand from nations like China, combined with reduced domestic production here at home.
Some American refineries are going off-line to switch over to a summer blend while two refineries, one in New Jersey and another in Hawaii, are about to shut down permanently.
Prices are also being pushed up by OPEC's decision to scale back output, claiming there is already too much oil saturating the market.
At this point, experts don't think the national average will rise above $5 a gallon this summer.
They are even saying there may be some relief on the way as crude oil prices are being weighed down by the threat of a European recession.
Analysts also say a weakening dollar and lowered interest rates in the United States are allowing traders to buy more crude oil, speculating that while demand is flat now it will rise again as the summer travel season approaches.
Tuesday, May 21 2013 8:32 PM EDT2013-05-22 00:32:28 GMT
AP Photo
The Senate Judiciary Committee has approved far-reaching immigration legislation that gives a chance at citizenship to millions living in the country illegally.
The Senate Judiciary Committee has approved far-reaching immigration legislation that gives a chance at citizenship to millions living in the country illegally.
Tuesday, May 21 2013 6:40 PM EDT2013-05-21 22:40:44 GMT
Tuesday around 10:00 a.m. a Mack dump truck traveling southbound on I-75 just south of State Road 56 in Wesley Chapel traveled into the direct path of a 2012 Hyundai.
Tuesday around 10:00 a.m. a Mack dump truck traveling southbound on I-75 just south of State Road 56 in Wesley Chapel traveled into the direct path of a 2012 Hyundai.
Tuesday, May 21 2013 5:53 PM EDT2013-05-21 21:53:22 GMT
The state admits it dropped the ball, but 51 year old Wes Diebold lost his license over a 2 dollar mistake.
Looking for a job is tough enough these days but how much tougher does having a suspended driver's license make things? 51 year old Wes Diebold doesn't know for sure if his suspended license was a roadblock.
Looking for a job is tough enough these days but how much tougher does having a suspended driver's license make things? 51 year old Wes Diebold doesn't know for sure if his suspended license was a roadblock.
Tuesday, May 21 2013 5:23 PM EDT2013-05-21 21:23:47 GMT
On Tuesday at about 1:50 a.m., officers with the Brooksville Police Department responded to the Brookhaven Apartments after a report of a Disturbance/Shots Fired complaint.
On Tuesday at about 1:50 a.m., officers with the Brooksville Police Department responded to the Brookhaven Apartments after a report of a Disturbance/Shots Fired complaint.
Tuesday, May 21 2013 5:53 PM EDT2013-05-21 21:53:22 GMT
The state admits it dropped the ball, but 51 year old Wes Diebold lost his license over a 2 dollar mistake.
Looking for a job is tough enough these days but how much tougher does having a suspended driver's license make things? 51 year old Wes Diebold doesn't know for sure if his suspended license was a roadblock.
Looking for a job is tough enough these days but how much tougher does having a suspended driver's license make things? 51 year old Wes Diebold doesn't know for sure if his suspended license was a roadblock.
Tuesday, May 21 2013 2:30 PM EDT2013-05-21 18:30:01 GMT
The Obridge Academy is a virtual school with a virtual Florida headquarters and a virtual track record of performance. But under new legislation awaiting the signature of Governor Rick Scott it could
The Obridge Academy is a virtual school with a virtual Florida headquarters and a virtual track record of performance.
Monday, May 20 2013 5:56 PM EDT2013-05-20 21:56:22 GMT
The weather is getting warm in the bay area and pest control experts say it's bringing out dry wood termites. "The phones are ringing off the hook now because the termites are swarming," said exterminator
The weather is getting warm in the bay area and pest control experts say it's bringing out dry wood termites. "The phones are ringing off the hook now because the termites are swarming," said exterminator
Friday, May 17 2013 7:36 AM EDT2013-05-17 11:36:31 GMT
As the news of Angelina Jolie brings awareness to the fight against breast cancer there is a major medical breakthrough thanks to a nationwide study with the largest number of participants at USF.
As the news of Angelina Jolie brings awareness to the fight against breast cancer there is a major medical breakthrough thanks to a nationwide study with the largest number of participants at USF.
Friday, May 17 2013 5:00 AM EDT2013-05-17 09:00:46 GMT
Teacher supplies can be very expensive. Ask any teacher they will tell you it's true. A couple of local educators are doing their best to help cut the cost for the tools teachers use in the classroom. Adrianne
Teacher supplies can be very expensive. Ask any teacher they will tell you it's true. A couple of local educators are doing their best to help cut the cost for the tools teachers use in the classroom. Adrianne
Thursday, May 16 2013 6:00 PM EDT2013-05-16 22:00:27 GMT
They went to school on federally-backed student loans and have now defaulted on them to the tune of $111.5 million dollars. That means taxpayers are on the hook for that money. 895 doctors nationwide
They went to school on federally-backed student loans and have now defaulted on them to the tune of $111.5 million dollars. That means taxpayers are on the hook for that money. 895 doctors nationwide
Tuesday, May 21 2013 10:17 AM EDT2013-05-21 14:17:59 GMT
Search-and-rescue crews worked through the night after a monstrous tornado barreled through the Oklahoma City suburbs, demolishing an elementary school and reducing homes to piles of splintered wood.
Search-and-rescue crews worked through the night after a monstrous tornado barreled through the Oklahoma City suburbs, demolishing an elementary school and reducing homes to piles of splintered wood.
Tuesday, May 21 2013 5:53 PM EDT2013-05-21 21:53:22 GMT
The state admits it dropped the ball, but 51 year old Wes Diebold lost his license over a 2 dollar mistake.
Looking for a job is tough enough these days but how much tougher does having a suspended driver's license make things? 51 year old Wes Diebold doesn't know for sure if his suspended license was a roadblock.
Looking for a job is tough enough these days but how much tougher does having a suspended driver's license make things? 51 year old Wes Diebold doesn't know for sure if his suspended license was a roadblock.
Tuesday, May 21 2013 6:40 PM EDT2013-05-21 22:40:44 GMT
Tuesday around 10:00 a.m. a Mack dump truck traveling southbound on I-75 just south of State Road 56 in Wesley Chapel traveled into the direct path of a 2012 Hyundai.
Tuesday around 10:00 a.m. a Mack dump truck traveling southbound on I-75 just south of State Road 56 in Wesley Chapel traveled into the direct path of a 2012 Hyundai.
Tuesday, May 21 2013 5:05 AM EDT2013-05-21 09:05:01 GMT
Hearing on the radio that a violent storm was approaching her rural Oklahoma neighborhood, Lindsay Carter took advantage of the advanced warning, gathered her belongings and fled.
Hearing on the radio that a violent storm was approaching her rural Oklahoma neighborhood, Lindsay Carter took advantage of the advanced warning, gathered her belongings and fled.
Tuesday, May 21 2013 2:17 PM EDT2013-05-21 18:17:38 GMT
An employee embezzled more than $56,000 in a course of 13 months from a local company which handles workers compensation claims, according to the Sarasota County Sheriff's Office report.
An employee embezzled more than $56,000 in a course of 13 months from a local company which handles workers compensation claims, according to the Sarasota County Sheriff's Office report.
Tuesday, May 21 2013 4:30 PM EDT2013-05-21 20:30:39 GMT
Steven Vaughan (left) poses with a relative in Bill Murray t-shirts, after claiming $1 million POWERBALL prize at Florida Lottery Headquarters
The Florida Lottery announces that Steven Vaughan, 41, of Seminole, claimed the second $1 million POWERBALL® prize from Saturday night's POWERBALL drawing. The winning numbers from the POWERBALL draw were 10-13-14-22-52,
The Florida Lottery announces that Steven Vaughan, 41, of Seminole, claimed the second $1 million POWERBALL® prize from Saturday night's POWERBALL drawing. The winning numbers from the POWERBALL draw were 10-13-14-22-52,
Monday, May 20 2013 4:56 PM EDT2013-05-20 20:56:18 GMT
The city of Zephyrhills is still getting lots of national attention. But the many media crews and live trucks don't seem to bother the local residents.
The city of Zephyrhills is still getting lots of national attention. But the many media crews and live trucks don't seem to bother the local residents.
