Saturday, September 22, 2018
AutoLink

Syria conflict expected to bump up gas prices 15 cents

The conflict in Syria is about to hit motoristsí wallets. Prices at the pump are expected to rise sharply because of recent geopolitical activity in the Middle East.

State prices were $2.63 per gallon Monday, up two cents over the week. Tampa Bay gas was $2.53 per gallon Monday, down one cent from a week ago, according to AAA, The Auto Club Group.

"Motorists should expect a 15-cent increase at the pump in the short term," Mark Jenkins, spokesperson for AAA, said. "However, prices could rise even more, depending on how the crude market responds to the latest news of a U.S. missile strike over the weekend."

Nationally, gas hit $2.71 per gallon Monday, the highest average since 2015. Crude oil prices are also up about $5 over the week to $67.39 per barrel, the largest jump over the past eight months.

MORE: Go here for more Business News

Contact this reporter at [email protected] or (727) 892-2249. Follow @malenacarollo.

Comments
Tampa Bayís fastest selling used car is a Prius. Do you drive the slowest selling car?

Tampa Bayís fastest selling used car is a Prius. Do you drive the slowest selling car?

Apparently, a lot of people in Tampa Bay are trying to get their hands on a Toyota Prius. An analysis by iSeeCars shows that the eco-friendly car is the fastest-selling used vehicle in the area, averaging 19.2 days on the market. That might not be su...
Published: 09/20/18
AutoNation CEO Mike Jackson steps down after 20 years in driverís seat

AutoNation CEO Mike Jackson steps down after 20 years in driverís seat

Associated PressFORT LAUDERDALE ó Mike Jackson is stepping down after almost two decades leading AutoNation, the nationís largest dealership chain. Jackson, 69, steered AutoNation through the economic crisis and shares have increased fourfold since h...
Published: 09/19/18
Pasco County Tax Collector warns businesses about Marlin Financial

Pasco County Tax Collector warns businesses about Marlin Financial

The Pasco County Tax Collectorís office is issuing a warning to local auto dealers: Beware of Marlin Financial. The office will begin circulating a letter Thursday to auto dealers it does business urging them to "think long and hard" before interacti...
Published: 09/18/18
Electric cars could save Tampa Bay residents $115 per year in fuel

Electric cars could save Tampa Bay residents $115 per year in fuel

Tampa Bay residents commuting with electric cars save an average of $115.38 compared to those with gas-fueled cars, according to a study by Crescent Electric Supply Co. That puts the bay area at No. 3 for electric savings compared to other metro area...
Published: 09/14/18
VW to stop making iconic Beetle next summer

VW to stop making iconic Beetle next summer

DETROIT ó After selling it on and off in the U.S. for nearly seven decades, Volkswagen has decided to squash its iconic Beetle.The companyís American unit announced Thursday that it would end global production of the third-generation bulbous bug in J...
Published: 09/13/18

Florida gas prices drop despite impending Hurricane Florence

Gas prices are usually one of the first things to be affected when a named storm threatens the U.S., but Hurricane Florence hasnít touched the Sunshine Stateís fuel prices ó yet. Unleaded gas was selling at $2.76 per gallon on average statewide Monda...
Published: 09/10/18
Labor Day weekend travelers face highest gas prices since 2014

Labor Day weekend travelers face highest gas prices since 2014

The final travel holiday of the summer is upon us, and soon, its traffic will be, too. About 2 million Floridians are expected to travel for Labor Day Weekend according to AAA, The Auto Club Group, and motorists hitting the road for the long weekend ...
Updated one month ago