AAA reports Non-OPEC Countries agree on Oil Production Cut
December 14, 2016
Tampa, FL – The upward trend continued at the gas pump last week, as the national average rose 4 cents in the past seven days. Pump prices also shot-up 4 cents in Florida, 6 cents in Georgia, and 5 cents in Tennessee.
“Gas prices are moving in concert with crude, which has pushed higher since OPEC announced plans to cut production in January,” said Mark Jenkins, spokesman, AAA – The Auto Club Group. “After rising for nearly two weeks, gas prices leveled-off on Sunday. However, the upward trend could resume this week, depending on how the oil market responds to news of a new production-cut agreement from a number of non-OPEC oil-producing countries.”
Gas prices rose 4-6 cents in the past 7 days
