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Americans 'adapt' to $4 per-gallon gas
Posted By -NO AUTHOR- On 02/26/2013 @ 2:05 pm In Money,U.S. | No Comments
(SUN-SENTINEL) — Prices at some South Florida gas stations are cracking $4 per gallon and likely will keep rising into April. This month is poised to close as the February with the highest gas prices ever, travel club AAA said.
“I don’t like it,” said motorist Susan Mohr, 54, of Deerfield Beach, as the charity volunteer grouped her errands to try to conserve gas on her rounds. “The price needs to go down.”
On Monday, the price of a gallon of regular gas averaged $3.94 in Broward County and $3.96 in Palm Beach County. That’s up at least six cents from last week and at least 43 cents from a month ago. It’s also at least 13 cents per gallon more expensive than a year ago, AAA said.
Spurring the gains are a mix of reasons, including increased demand in emerging markets such as China and India, as well as cutbacks in gas output from U.S. refineries closed for maintenance, analysts said.
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