Gas prices ‘skyrocket’ in Philly, S. Jersey

Among the highest pump prices in the Philadelphia area, as of Feb. 6, 2013, was the $3.99.9 a gallon at the Gulf station at Vine Street and North 2 Street in Philadelphia. ( DAVID M WARREN / Staff Photographer )
Among the highest pump prices in the Philadelphia area, as of Feb. 6, 2013, was the $3.99.9 a gallon at the Gulf station at Vine Street and North 2 Street in Philadelphia. ( DAVID M WARREN / Staff Photographer )
Posted: February 07, 2013

"An uncharacteristically early price jump" - "the most dramatic in nearly two years" - has ended the downward trend in gasoline prices since late summer, according to AAA.

In just one week, the average price for a gallon of regular shot up 18 cents across the Philadelphia region, AAA Mid-Atlantic reported Tuesday.

In Philadelphia and its four neighboring Pennsylvania counties, the average for regular Monday was $3.67 a gallon.

In South Jersey, it was $3.52.

This morning, both were another penny higher, according to AAA's Daily Fuel Gauge Report ( www.fuelgaugereport.com).

Delaware gas prices rose even more - up 21 cents in a week, to $3.62 as of Monday.

Nationally, a gallon of regular was up 17 cents to $3.53 a gallon.

That's up about 25 cents over the last month.

Causes of the week-over-week increase - the 20th largest in the dozen years of the 21st century - include higher crude oil prices and the closing of some refineries temporarily for maintenance or permanently, AAA says.

The last such spike, in late February and early March of 2011, was triggered by political upheavals in Northern Africa and the Middle East. The biggest spike on record, 46 cents in a week, happened in late August and early September of 2005, after Hurricane Katrina swept through the Gulf of Mexico and devastated New Orleans, according to AAA.

Last year, the average price for a gallon of regular peaked at $3.94 a gallon in early April.

The lowest price this morning in the immediate Philadelphia area was $3.37 at a Sunoco on the New Jersey Turnpike in Mount Laurel, Burlington County, according to GasBuddy ( www.newjerseygasprices.com).

On the Pennsylvania side, $3.39 was being charged at an Exxon, 2500 West Cheltenham Ave, in Philadelphia, according to Philly.com's gas price finder map ( www.philly.com/philly/classifieds/cars/research/Philly_Gas_Prices.html).


Contact staff writer Peter Mucha at 215-854-4342 or pmucha@phillynews.com.

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