ORLANDO, Fla. — Drivers in the Sunshine State are dealing with something they haven’t seen in while — higher gas prices.
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After more than two months of steady declines, AAA said Monday that prices at the pump are rising.
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The downward trend actually reversed course last week, culminating in a week-over-week increase of 7 cents on Sunday when the price for regular unleaded landed at $3.61 a gallon.
According to data from AAA, the 70-day streak of falling prices made for a $1.36-a-gallon improvement when compared to the record-high price of $4.89 in mid-June.
For those filling up an average-sized, 15 gallon tank, it meant a difference of about $20.
If you are filling up at Monday’s state average price, expect to pay about $54 for an entire tank of gas.
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What foiled the downward trend at the pump?
“Gas prices are rising in response to a recent oil price hike, due to reports that Saudi Arabia could lower fuel output in effort to raise prices,” AAA’s Mark Jenkins said.
The fact that the oil price hike wasn’t significant might spare gas prices from going much higher, Jenkins added.
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Something else, like a hurricane, could cause another rise in prices if it threatens refineries along the Gulf coast.
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