Gas prices continued to rise Monday, driven higher for nearly two weeks straight by the turmoil in Libya, with analysts expecting prices to keep climbing.
The national average price for a gallon of regular gasoline rose six tenths of a cent to $3.509, according to a daily survey by motorist group AAA.
Gas prices have increased for 13 days in a row, rising nearly 34 cents in that time.
The highest gas prices in the nation are in California, where drivers pay an average of $3.897 a gallon. Prices were also above $3.80 in Hawaii and Alaska.
Montana had the lowest gas prices at $3.186 a gallon, on average. Wyoming was a close second with an average cost per gallon of $3.189.
Gas prices vary widely from state to state based largely on local tax rates. But prices have been trending higher nationwide following a rise in the price of crude oil, the main ingredient in gasoline.
Oil prices rose above $106 a barrel Monday, hitting a fresh 2-1/2 year high, as the violence in Libya appears likely to drag on for some time.
(Source: CNN Money)
One Response
The only way long term solution to bring costs down, is to tap into our domestic oil that has been off-limits due to the work of the liberals; and to lower our demand for oil in general, by means of alternative fuels; developed with government subsidies.