Gasoline prices continue to rise. Nationally, the average price per gallon has jumped 17.7 cents in the last month. And it’s 42.9 cents per gallon higher than last year.
According to the AP, gasoline prices have been rising steadily with oil prices for the past month, and many analysts think that trend will continue, with gas stations across the country perhaps charging around $3.50 or more per gallon by Spring.
As the economy inches toward recovery, we can expect prices to “recover” whether we’re talking about gasoline in our cars or heating our homes. It will to prudent to keep that in mind with decisions you make today.