Gas prices still climbing in northern New England

Feeling pinched at the pump? You're not alone

Nationally, gas prices are 10 cents more expensive than one month ago and 30 cents more than one year ago.

Gas prices in South Central Ohio increased by eight cents over the week to $2.482 per gallon, according to AAA East Central's Gas Price Report. The price in New Hampshire went up 3.1 cents to an average of $2.53 a gallon.

The average price during the week of January 23, 2017 was only $2.610.

Drivers are digging a little deeper into their pockets since gas prices are 24-cents higher than they were a year ago, according to AAA. But that's 13 cents more than a month ago and prices are showing no sign of beginning their usual winter downturn, AAA said in its weekly gas price update. Oil prices are up $15 per barrel since October, largely due to a tightening global oil market, AAA said.

USA crude stocks fell for a record 10th-consecutive week, reaching the lowest level since February 2015, according to the Energy Information Administration.

Gas prices are once again on the rise and the upward trend could be continuing in the coming weeks. During that time, oil prices tanked, falling from $106 per barrel to $45 per barrel. "During the next few months, refineries will randomly conduct maintenance on their equipment and switch to a more-expensive-to-produce summer blend gasoline". EIA's latest weekly report highlights that US crude inventories reached their lowest level in almost three years at 411.6 million barrels.

Perhaps of some solace: The Bradenton-area average of $2.51 per gallon on Monday was among the lowest in the state, trailing Jacksonville ($2.48), Tampa-St.

A gasoline industry expert says rising gas prices could be the norm for this year. "It's unclear exactly how the market will absorb these shifting fundamentals, but motorists may want to be ready".

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