Gas prices get early start on spring surge - 13 WTHR Indianapolis

Gas prices get early start on spring surge

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NEW YORK -

Gasoline prices are getting an early start on their annual spring march higher.

Our 13 Pump Patrol found a gallon of regular selling for $3.75, at the Marathon station at Washington street and Holt road on the city's west side.

The average price for a gallon of gas here in Indiana is $3.65, according to AAA.  We can help you find the best prices here.

The average retail price rose 13 cents over the past two weeks to $3.42 per gallon, and within a few days it will likely set a record for this time of year.

The culprits: Rising crude oil prices, slowing output at refineries that are undergoing maintenance, and low supplies of gasoline.

These are the kinds of thing that push gasoline prices higher every spring.

Hopes of stronger economic growth in the U.S. and abroad helped push the U.S. stock market to a five-year high in January and sent crude prices up. When economies expand, more gasoline, diesel and jet fuel are consumed by shippers and travelers.

Retail gasoline prices have risen for 14 days straight, according to AAA.

(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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