HUNTSVILLE, Ala. (WHNT) – The state of Alabama is once again experiencing rising gasoline prices. On Monday, AAA reported the state set a new all-time high for the average price per gallon, at $4.20.
The new record replaces the one set in March. In March, Alabama recorded a string of new all-time highs every day. This comes as the national average hit 4.48 cents per gallon.
News 19 reached out to AAA spokesperson Clay Ingram for some insight on current pricing. Ingram said rising gas prices are usually tied to rising crude oil costs, but that might not be the case this time around.
“This time around, it looks like our pump prices are a bit higher than they should be based on these crude oil prices,” he said. “So that leads you to believe there might be a bit more built-in profit margin.”
Ingram said people shouldn’t seek to single out any particular person, political party or company when it comes to higher prices. However, the current prices are a bit surprising.
“To be completely honest, we’re seeing a little bigger jump than expected,” Ingram said. “The last time crude oil prices were where they are now, our pump prices were about 50, 60 cents a gallon lower.”
AAA tracked an average increase of 17 cents in the cost of gas in Alabama over the past week.
“You know, in years past, we used to see gas stations doing three to five cents a gallon on a gallon of gas, and right now it certainly looks like it could be a little more higher than what we usually see,” he said. Ingram. “But of course there’s no way to know for sure,” he continued.
Ingram said the best thing consumers can do to lower prices is to save fuel, use apps and websites to find the cheapest gas near you, and be a less aggressive driver.
Ingram also said we typically see the highest gas prices of the year around Memorial Day weekend, which is just two weeks away. He said people should plan to spend more money on gas this summer and factor that into their vacation budget.
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