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20+ Cents Per Gallon Rise At Fuel Pump In Just One Week

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ST. LOUIS (KMOX) -  It’s not something you want to hear to start off the work week, but it’s a truth that can’t be denied — you’re paying a lot more for gasoline than you were just a month ago.

A LOT more.

The latest survey conducted by the price-checking website www.StLouisGasPrices.com shows that average retail fuel prices in St. Louis have risen 21.2 cents per gallon in the past week.

That puts local prices above the national average ($3.75/g), someplace local drivers are not used to being.

Including the change in gas prices in St. Louis during the past week, prices are now 40.3 cents per gallon higher than they were one year ago today, and 40.5 cents higher than just one month ago.

Now for more bad news.

“With a likely peak in gasoline prices still as much as two or more months away, the national average for a gallon of gasoline has already hit the bottom of the range that we projected back in January in our 2012 gasoline prices forecast,” says Senior Petrolum Analyst Patrick DeHaan. “It’s quite concerning.”

Frustrated drivers watching prices shoot up 10 to 20 cents at a time are likely to agree.

KMOX © Copyright 2011 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO and EYE Logo TM and Copyright 2011 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.

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