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AAA says higher prices for gas expected to start off in 2014

High gasoline prices should be expected for at least the beginning of 2014, which follows a run up of gasoline prices in the closing days of December, according to the American Automobile Association.

In Manchester, the average price of regular gas was $3.37 a gallon on Monday, 5-cents higher than a month earlier, and by a penny more than the same date in 2012.

AAA predicted on Monday that Wednesday would be the fifth New Year’s Day in a row that Americans paid more at the pump than the prior Jan. 1.

Pat Moody, spokesman for Northern New England AAA, said maintenance and other issues at refineries appear to be the biggest factor in gasoline prices.
“Right now, we haven’t seen a significant change in the price of crude oil,” he said.

As of Monday, gas prices had risen 11 days in a row nationally, and the Midwest states of Ohio, Michigan and Indiana had seen gas prices increase by more than 25 cents over a two-week period. Moody said it’s hard to say whether New Hampshire will see such increases.
He noted that state and Manchester averages are already higher than the national average of $3.31 a gallon.

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