Pain at the pump as gas prices rise - New York News

Pain at the pump as gas prices rise

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ATLANTA -

Does your wallet feel lighter? Gas prices across the nation and throughout Georgia are soaring again. Prices are up nearly 17 cents in the metro area in just the last week.

FOX 5 News spoke with a few drivers at a metro area gas station, and they say they are paying anywhere from $5 to $10 more to fill up their gas tanks compared to last week.

One industry expert tells FOX 5 prices may go up another 5 cents this week, and then level off through spring break.

According to Gasbuddy.com, the average retail gasoline prices in Atlanta have risen 16.8 cents per gallon in the past week, and it was averaging $3.70 a gallon on Monday. That is slightly more than the national average of $3.68. They say the national average increased 11.9 cents per gallon during the same period.

Gasbuddy.com says prices in the metro area are 41 cents per gallon higher than a month ago, and in Los Angeles, Detroit, Chicago, and New York, the average price for a gallon of gas rose above $4.

Experts say there are two main reasons for the increases. First, output at the refineries is less because they're starting to shut down to prepare for the summer blends. Second, the price for heating oil is up due to high demand in the northeast as a result of winter storms.

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