AAA: U.S. gasoline prices to keep rising

March 13, 2007 at 4:55 PM

WILMINGTON, Del., March 13 (UPI) -- U.S. gasoline prices are expected to keep climbing after jumping an average 33 cents in the past month, AAA says.

The average national price for regular unleaded was $2.543 a gallon Tuesday, up from $2.215 a month ago, AAA said.

Analysts blame higher crude oil prices, greater demand and fears of shortages for the increase, The Washington Post reported.

Prices are highest in California, where regular averages $3.09 a gallon. In the San Francisco area, drivers pay an average $3.25.

"And prices are headed higher," John Townsend of AAA Mid-Atlantic said. "We're talking 15 cents to 20 cents higher by the end of the month."

Latest Headlines
Top Stories
Crude oil prices extend losses
Turkish oil pipeline from Iraq bombed
Chevron aims at cost reductions of $1 billion
Greenpeace again stands in Shell's way to arctic
Texas oil production up year-on-year