Average retail gasoline prices in Bellaire have risen another 2.2 cents in the past week, averaging $3.20 per gallon yesterday.
This compares with the national average that increased 1.1 cents per gallon in the last week to $3.34, according to gasoline price website HoustonGasPrices.com.
Petroleum analyst Patrick DeHaan said he expects gas prices to continue to increase as the situation in the Middle East becomes even more tenuous.
“Gasoline prices have slowed their rise in the last week as oil prices have temporarily stabilized,” DeHaan said. “I’m sure this leveling off in retail price won’t last terribly long as tension mounts with Iran. I still expect 2012 to be a nasty year for the typical motorist, which is what our recently released 2012 gasoline price outlook also states.”
Including the change in gas prices in Bellaire during the past week, prices yesterday were 29.4 cents per gallon higher than the same day one year ago and 16.2 cents per gallon higher than a month ago.
The national average has increased 10.3 cents per gallon during the last month and stands 27.2 cents per gallon higher than this day one year ago.