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Shelton, WA

SP_WEATHER_HEAVY_RAIN
Humidity: 93%
  • Flood Warning Extends Through Thursday Morning

    skok floodThe flood warning continues for the Skokomish River near Potlatch affecting Mason County, Olympic Peninsula Region. While showers will continue over the south slopes of the Olympics, heavy rain has come to an end. The three to five inches of… Read More +

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  • Olympia Hospital Must Start Paying Business Tax

    Prov-St.Peter-Hospital-OlympiaProvidence St. Peter Hospital in Olympia will have to start paying a city business tax that will cost it an estimated $340,000 next year. The City Council voted Tuesday to remove the business and occupation tax exemption for religious and medical… Read More +

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  • Seahawks Roster Moves

    brackettThe Seattle Seahawks have claimed TE Brett Brackett off waivers from the Tennessee Titans and released TE RaShaun Allen, the team announced this afternoon. Brackett was originally signed as an undrafted free agent by the Miami Dolphins on July 28, 2011. He spent time on the Miami, Jacksonville and Philadelphia practice squads during 2011. Signed to the Jaguars active roster on September 1, 2012,

    Read More
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Gas Prices Average $3.68 a Gallon

b_250_0_16777215_00_images_obgrabber_2013-07_c4f093c03a.jpgiStockphoto/Thinkstock(WASHINGTON) -- The price for a gallon of regular gas is $3.684, up 5 cents from a week ago, according to the Energy Department’s Energy Information Administration’s weekly gasoline update. The Energy Department, which gets its data from 800 stations, said prices are up 19 cents from a year ago at this time.

Earlier Monday, AAA said the average price of regular gas was $3.67 a gallon, up 20 cents over the last two weeks, which is the largest price spike since February. The association gets its data from credit card transactions and direct feeds from 120,000 stations a day.

Michael Green, spokesman for AAA, said there are three factors driving up gas prices: the high cost of oil, rising demand as more people hit the roads for summer travel, and tightening supplies due to refinery glitches in parts of the country.

Recent turmoil in Egypt, which has spooked the market and increased prices, is one of the reasons why the price of oil has increased to more than $100 a barrel, he said. While Egypt is not an oil-producing country, its territory, which includes the Suez Canal, plays an important part in oil distribution. Investors are also watching whether political unrest will spread to neighboring countries.

Decreased supplies of oils are commonly seen in summertime as people use more petroleum products, he said.

“It’s a tough time for motorists when many people are traveling, and spending more on gasoline means less on shopping, dining out and even for saving,” Green said.

Patrick DeHaan, senior petroleum analyst with GasBuddy.com, said the dramatic rise in prices may come to an end soon.

“Rising prices may begin cooling towards the mid-to-end of this week thanks to oil prices slowing their dramatic rise in the last week,” DeHaan said.

Some areas may see falling prices, such as California and the Great Lakes, which have already seen prices falling for the last few days.

“Prices will remain volatile, and look to the tropics -- any major storm in the tropics will be sure to make pump prices splash,” DeHaan said.

Copyright 2013 ABC News Radio

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