Gas prices expected to be lower in 2013, AAA says

When I drive by gas stations, I see that the price of gas is slowly inching up. Up, a couple cents here; one cent there. According to the latest gas price report released Tuesday by AAA of Northern California, fuel prices have been fluctuating but are relatively unchanged from last month, and that prices will likely be lower in 2013 than they were in 2012. “In the first 90 days of 2012, geopolitical tensions with Iran pressured the national price at the pump almost 65 cents higher,” said Cynthia Harris, AAA spokesperson. “The beginning of 2013 does not have a similar situation that is moving the market. In light of this, AAA continues to expect gas prices in 2013 will average less than the annual record of $3.60 a gallon set last year.” At an average of $3.61 per gallon, California's average price to pump is nine cents less than this time last year, said Harris. The Golden State's fuel prices are the fourth highest among the 50 states, behind Hawaii,$4.01; New York, $3.85; and Washington, D.C., $3.56. In our neck of the woods, the Santa Cruz area's average price of gas is $3.51, compared to $3.58 in San Jose and $3.74 in San Francisco. Utah has the lowest average gas price – at $2.90 a gallon.
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