Gas Prices Jump Double Digits

Jul 22, 2013 -- 4:15am

Motorists across the country are experiencing sticker shock as they fill up at the gas pump. 

The national average price for regular unleaded gasoline rose to $3.67 per gallon Friday; that was a 12-cent jump in the past week. The current price is seven cents more expensive than one month ago and 23 cents more expensive than the same day last year.

The national average has now increased for 12 days in a row, but remains 12 cents lower than the peak price this year of $3.79 on February 27. While motorists across the country are feeling the squeeze of rising pump prices, the national average is still 44 cents below the all-time daily high of $4.11 per gallon on July 17, 2008. 

Pending an unforeseen development(s), it seems likely that consumers will face increased retail prices in the coming weeks according to AAA Mid-Atlantic.

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