Gas up nearly a dime in the past week

FORT WAYNE, Ind. (WANE) - Average retail gasoline prices in Fort Wayne have risen 9.9 cents per gallon in the past week, averaging $3.49 a gallon on Sunday, November18, 2012. This compares with the national average that has fallen 3.2 cents per gallon in the last week to $3.43 a gallon according to gasoline price website FtWayneGasPrices.com.

Including the change in gas prices in Fort Wayne during the past week, prices yesterday were 24.0 cents per gallon higher than the same day one year ago and are 5.9 cents per gallon higher than a month ago. The national average has decreased 26.4 cents per gallon during the last month and stands 6.5 cents per gallon higher than this day one year ago.

"With Thanksgiving just days away, Americans will be hitting major thoroughfares en masse. While gasoline prices have dropped in the last month and a half, the national average will still come close to breaking a record- the highest ever national average for Thanksgiving," said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan. "I don't really see how gas prices could greatly improve between now and Christmas, given the new military action in the Middle East, and other pressures. It's all but certain the national average will not drop under $3.25 per gallon, which could lead to a perilous start to 2013," DeHaan said.