AAA president: 2014 gasoline prices may be lower but won't be cheap

Feb. 7, 2014 at 5:49 AM
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WASHINGTON, Feb. 7 (UPI) -- AAA President Bob Darbelnet said average gasoline prices in 2014 could be less than last year but drivers should expect increases in the spring.

"There is a good chance that average gasoline prices this year will cost less than in 2013 but it is not going to be cheap," Darbelnet said Thursday.

"Driving to the gas station could be a lot more frustrating as prices increase this spring," he said.

The AAA reported a national average price Friday of $3.26 per gallon, about 5 cents less than one month ago.

During the spring, refineries start curbing production to conduct seasonal maintenance and that usually leads to an increase in gasoline prices, but by late June the national average price could be around $3.35, the auto club said.

It should taper off as refiners switch back to a winter blend of gasoline in October, which is less expensive to produce than summer blend because of fewer environmental constraints, the AAA said.

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