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February 21, 2013

Gas prices jump 30 cents in past month

The average price of gas has jumped 30 cents in the past month, marking a record high for February.

The Bangor Daily News reported the average gas price was $3.83 per gallon on Wednesday.

That's also up from one year ago, when the average price was $3.68 per gallon and two years ago when it was $3.22.

Still, the increase in the past month falls short of the national spike in gas prices, which increased 45 cents per gallon in the past month — the fastest rate of price increase since 2005.

The paper reported that Mark Chamberland, president of St. Agatha-based R.F. Chamberland, said that diesel fuel costs — also on the rise — make up about 39% of the company's expenses, compared with 25% four years ago.

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