LOCAL 8 WEATHER ALERT: Strong to severe storms are possible this afternoon with gusty winds near 40 mph and 1" hail. Localized flooding is also a concern as over an inch of rain is possible in places today.
While you can expect your heating bill to go up soon, you can also expect to start paying more to fill-up your car.
AAA of East Tennessee employees surveyed area gas stations for the agency's fuel Gauge report. The numbers show Knoxville pump prices experienced a sudden and substantial increase of roughly 6-to-7 cents a gallon over the past week. The average price here for a gallon of regular unleaded fuel is now $2.19, while the national average is $2.29 a gallon.
Officials say the gas price atmosphere is changing with increased violence in oil-rich Iraq, concern over supplies, and cold weather on the way.
"There's a possibility that the retailers have been holding their price lower to get through the Thanksgiving holiday," said Don Lindsey of AAA. "But after a while, with wholesale prices rising all the time, they eventually had to jump the price to keep a margin."
AAA's Don Lindsey says pump prices are difficult to predict, but that prices may continue to rise through the end of the year.
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