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Gas prices could jump dramatically

July 14th, 2013 by WCBC Radio

Greg Laskowski, a noted industry analyst with gasbuddy.com, sees little chance for the trend to come to a stop any time soon. WBAL reports that he lists the sudden increase of crude oil, global events including unrest in Egypt, and worries about the upcoming hurricane season as all the main factors.

As for the gasoline tax that just went up by about 3 cents in Marlyand, Laskowski said at least 8 states have had similar hikes lately.  And 11 others could follow. 

Laskowski said the main reason is that, with the federal gas tax holding steady for more than 20 years, the burden for road maintenance is falling more and more on the states.

The federal gasoline levy is 18.4 cents a gallon, where it has been for two decades.

Average right now for regular blend in Maryland is $3.50 a gallon.

Laskowski believes the price will be between $3.65 and $3.70 by the first of August.

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