Statewide average gas prices increase 9 cents

AP Images

That's a 14% jump, up from $2.41 a gallon a year ago.

Looking state-by-state, the largest weekly changes in average gas prices were seen in: MI (+12 cents), Utah (+9 cents), Idaho (+8 cents), Nebraska (+8 cents), Georgia (+7 cents), IL (+7 cents), West Virginia (+7 cents), Missouri (+7 cents), Texas (+7 cents) and Tennessee (+7 cents).

Anchorage- $3.12/g, up 3.6 cents per gallon from last week's $3.09/g.

Look for already-high gas prices to spike following Friday's air strikes against Syria by the United States and its allies.

The average price for a gallon of regular gas in the Bradenton-Sarasota-Venice market was $2.57 on Monday, up less than a penny from last week and 6 cents higher over the month, AAA reported.

The price of gas has been increasing since February.

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The national average has increased 17.7 cents per gallon during the last month and stands 30.1 cents per gallon higher than this day one year ago.

As recently as April 9, GasBuddy senior petroleum analyst Patrick DeHaan said: "As markets have seen concern rise of a possible trade war between the US and China, oil prices have been hit hard, leading gas prices to dramatically slow their recent ascent".

Oakland - $3.56/g, up 2.8 cents per gallon from last week's $3.53/g. With Baker Hughes, Inc. reporting that the US added seven oil rigs last week - bringing the total to 815.

"The seasonal surge at gas pumps is in full motion, causing the most dreaded time of year for fearful motorists, especially of what may still be coming", said Patrick DeHaan, spokesman for GasBuddy.

The tension in the Middle East and fears of USA sanctions against Syria's sponsors - Russian Federation and Iran - have prompted a tightening of global crude oil supplies.

DeHaan said that OPEC's production cuts have removed more than 500 million barrels - about 1.8 million per day - of supply since they were enacted at the start of 2017. Let's just hope we don't go to extra innings. "Refinery maintenance has gone well thus far, and gasoline supply has continued to push higher as more refiners conclude their work".

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