Gas Prices Expected to Continue to Rise in 2013
WBBJ 7 Eyewitness News Staff
JACKSON, Tenn.- U.S. drivers are hoping 2013 does not start like 2012 at the gas pump.
Across the country gasoline averages $3.30 a gallon, up one cent since January 1. In Jackson, prices range from $3.09 to $3.39 a gallon. A year ago, gas rose about 10 cents in the first week or so because of a jump in oil prices. Gas nearly hit $4.00 in early April.
But oil prices should dictate what happens next with pump prices. The economies in the U.S. and China are showing improvement, while Europe remains in recession.
"They set it down and raise it back up whenever they want to; right before Christmas it seemed to go down quite a bit and the right back up after Christmas it seems to jump right back up again," said Jackson resident, Tim Caldwell.
Energy experts said the wild card in prices is the Middle East.
In the past two years, threats to shipments of oil form the region drove crude prices during the winter, which led to a surge in prices.