Gasoline prices hit highest since summer

If you’ve been checking out the gas prices at your local gas station, you’ve probably noticed a very steady increase. On a nationwide level, gasoline prices stood at $2.824 a gallon for regular yesterday, according to the Energy Information Administration. That’s up from almost 2 cents a gallon from the previous week and the highest they’ve been since the summer.

While regular gas isn’t in a huge danger of going over $3 a gallon, premium gas has creeped up with a price averaging $3.071 across the United States. San Francisco has the highest prices in the nation while Houston as the cheapest.

By now you’re probably wondering what the reason is for the increase? According to a report by The Associated Press, a steady increase in oil prices assisted by  a weakening dollar can be blamed for the slight bump.

– By: Omar Rana

Source: DriverOn