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AAA: Oil cost spike could push prices at the gas pump to highest in months

AAA Florida average gas prices FILE IMAGE: Person pumping gas

ORLANDO, Fla. — After a mid-week dip, gas prices across Florida are back to where they were a week ago.

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AAA said consumers saw a minor break followed by a price uptick at the pump.

Sunday’s state average of $3.11 for a gallon of regular gas was up 5 cents from Wednesday.

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The auto club said it’s a similar pattern that motorists have seen in recent months, but noted this “yoyo” trend could soon change.

That’s because of a recent surge in the cost of oil.

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“Oil prices rose to multi-month highs on winter weather woes and U.S. sanctions on Russian petroleum. This could place upward pressure on prices at the pump,” AAA’s Mark Jenkins said.

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