AAA-Kansas finds 5.1 percent increase in national average for gas prices
The price of gasoline shot up 13 cents in the Wichita area this week to $3.55 a gallon.
AAA-Kansas most recent gas price report found end of month gas prices showed a 5.1 percent increase in the national average for gas prices, or 17 cents a gallon over the course of July. This was the first monthly increase since March and the largest July increase in more than a dozen years.
A AAA-Kansas spokesman said higher global oil prices and increased demand for gasoline during the busy summer driving season were primary factors that sent pump prices higher in July.
Heading into August, AAA predicted national gas prices are likely to remain relatively flat with the possiblity of a small increase. He said gas prices should begin to fall soon after Labor Day as the summer driving season ends, gas demand declines and refineries transition to less expensive fuel blends.
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