Gas prices increase 14% from last month; what’s driving up the price at the pump?

LA CROSSE, Wis. (WKBT) – Good things never last…

If you’ve pulled up to the pump recently, that may have crossed your mind when looking at the price of gas.

A new report from AAA shows Americans are paying 14% more when filling up compared to just a month ago.

Following the winter storm that devastated Texas and shut down oil production, the national average price of gas jumped nearly 40 cents.

Prices are also going up because there is a growing demand now that people are starting to feel safe traveling again.

“We’re going to see a lot of road tripping and a lot of people out on the roads buying up gas this year, which is going to push those prices up depending on what the other side of that supply and demand equation looks like,” said Nick Jarmusz, AAA Director of Public Affairs.

As of Monday, the average cost of gas in Wisconsin was $2.69.

In La Crosse County it was $2.77.

That’s nearly 90 cents higher than this time last year.

So will prices go over $3?

Jarmusz said it’s hard to say because of all the factors involved.

But it might be worth checking out the AAA mobile app to find the cheapest gas prices near you.

You can find it in the App Store or Google Play.