Southeast Motorists See Gas Prices Spike Before Thanksgiving - WRBL

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Southeast Motorists See Gas Prices Spike Before Thanksgiving

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Motorists face an unwelcome spike in gas prices right before one of the busiest travel weekends of the year. Southeast fuel prices rose last week after Gulf Coast supplies tightened. Florida was impacted the most with the state's average jumping almost 20 cents in a week.

Refineries in Louisiana and Texas that supply the Gulf Coast are in the midst of production problems that cut output capacity. The maintenance issues are directly affecting pump prices in southeast states. The increase in price pushed Florida in the red zone as one of the state's with the nation's highest gas prices.

Supplies across the nation continue to increase and the price for a barrel of crude is still below $95. U.S. inventories recently rose by 375,000 barrels for a total of 389 million, according to the Energy Information Administration.
 
Both the nation's ($3.28) and the state of Georgia's ($3.26) averages for a gallon of regular, unleaded gasoline increased 7 cents from last week. Florida's average of $3.41 jumped 18 cents from a week ago. Tennessee's average of $3.14 increased 8 cents from last week.

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