64°
Baton Rouge, Louisiana
3 Day Outlook
Sat
85°
73°
50%
Sun
87°
74°
30%
Mon
85°
73°
60%

Latest Weather Blog

Follow our weather team on social media

Gas prices staying down as 2013 starts

2 years ago January 07, 2013 Jan 7, 2013 Monday, January 07 2013 Monday, January 07, 2013 9:33:42 AM EST in News
Source: Associated Press

NEW YORK - U.S. drivers are hoping 2013 doesn't start off like 2012 at the gas pump. So far, so good.

Gasoline now averages $3.30 a gallon, up about half a penny since Jan. 1. A year ago, gas rose about 10 cents in the first week or so because of a jump in oil prices. Gas nearly hit $4 in early April.

Oil prices should dictate what happens next with pump prices. The economic drivers for oil are mixed - economies in the U.S. and China are showing modest improvement, while Europe remains in recession.

The wild card is the Middle East. In the past two years, threats to shipments of oil from the region drove crude prices higher during the winter. That led to a surge in pump prices by spring.

More News

comments powered by Disqus

Desktop News

Click to open Continuous News in a sidebar that updates in real-time.
5 Days
Radar
Today
AM Clouds / PM Sun
85°
69°
Sat
PM T-Storms
85°
73°
Sun
Isolated T-Storms
87°
74°
Mon
Scattered T-Storms
85°
73°
Tue
Scattered T-Storms
83°
72°