2012 most expensive year for gas prices

2012 most expensive year for gas prices

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2012 most expensive year for gas prices

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by 13News

WVEC.com

Posted on January 3, 2013 at 6:36 PM

Updated Thursday, Jan 3 at 7:31 PM

VIRGINIA BEACH-- According to AAA, 2012 was the most expensive year on record for gas prices.

Motorists paid record-high gas prices on 68 percent of the days during the year. The highest daily national average of the year was $3.94 a gallon on April 5 and 6, while the lowest daily national average was $3.22 a gallon on Dec. 20.

The national average broke a daily record high for 134 consecutive days for a total of 248 days in 2012.

“Record high gas prices have made 2012 the most expensive year yet for motorists,” said Georjeane Blumling, AAA Tidewater Virginia spokesperson. “Factors as volatile as major hurricanes, refinery outages and tension in the Middle East resulted in significant frustration for people filling up their cars.”

Gas prices nationally have fallen nearly 58 cents a gallon on average since September 14, the day before much of the United States began the transition to winter-blend gasoline.

According to AAA, gas prices have dropped as a result of decreased demand, increased supplies and the switch-over to less expensive winter-blend fuels.

Gas prices averaged $3.30 a gallon nationally in December, which was the lowest monthly average of the year.

Click here to find the lowest gas prices in your area.

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