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Fuel prices spiking again in Bartow | Environment

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Fuel prices spiking again in Bartow
Fuel prices spiking again in Bartow

Bartow, FL -- If you've noticed the price of gasoline spiking again around Bartow, you're right. And it's been happening quickly.

Retail gas prices in the Southeast increased 10 cents from just last week and are expected to rise throughout the month, according to AAA.

Since July 4, motorists have seen prices at the pump increase after a steady two-month decline.

Upward pressure on the market pushed oil to close at its highest settlement since May, say experts, and that has a lot to do with it.

Rising tensions in the Mideast coupled with a decrease in both gasoline inventories and oil supplies have kept prices elevated.

"Motorists will likely see gas prices increase throughout the month as tensions with Iran continue to create concern of a disruption in global oil supply," said Jessica Brady, AAA spokeswoman, The Auto Club Group.

"Although the national average climbed 14 cents since July 1, prices are still about 50 cents less than the peak price of $3.94 in April," said Brady.

For the lowest prices in the area click here.

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