Gasbuddy analysis: Gas price average lower in 2013 than 2012 - WTOC-TV: Savannah, Beaufort, SC, News, Weather & Sports

Analysis: Gas price average lower in 2013 than 2012

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SAVANNAH, GA (WTOC) -

Gasbuddy released its gas price analysis for 2013 and pointed out three events that increased the cost of fuel.

The price of regular unleaded gasoline on Jan. 1, 2013, started at $3.271 per gallon and ended up 3.3 cents at $3.304 a gallon on Dec. 31, 2013, according to data from Gasbuddy.

Americans spent on average $3.60 per gallon in 2012; $3.49 in 2013, and Gasbuddy forecasts that total will be $3.39 for 2013.

These three events most affected gas prices in 2013: In May, Midwest refinery problems pushed the average price of gas in Chicago to an all-time record of $4.47 per gal; On July 6, a Montreal Maine & Atlantic Railway train hauling 72 crude oil crashed and killed 47 people; In August, President Barack Obama threatened a military strike on Syria.

Refinery issues in May pushed the national average from $3.49 around May 4 to $3.68 by May 21.

On July 6, another price hike occurred when a train hauling crude oil crash in Quebec forced both gas and crude oil prices up. The national average price of gas was $3.49 on July 6 and reached $3.68 on July 19.

GasBuddy tracks gasoline prices at more than 140,000 gas stations in all 50 United States.

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