The national average for a gallon of regular gasoline is continuing to climb and has increased by nine cents to $4.76. Florida drivers are paying $4.74, while Osceola County drivers are paying an average of $4.73.
According to new data from the Energy Information Administration (EIA), total domestic gasoline stocks have decreased while gasoline demand has increased. These supply and demand dynamics have contributed to rising pump prices.
Coupled with volatile crude oil prices, pump prices will likely continue on their upward trend, with $5.00 per gallon a real possibility.