Gas Prices Continue To Climb - NewsChannel5.com | Nashville News, Weather & Sports

Gas Prices Continue To Climb

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WASHINGTON (AP/NewsChannel 5) - Gas prices are continuing their climb. The auto club AAA said the national average price for regular grade gasoline reached $3.83 per gallon Friday, up 7 cents in the last week.

Prices remain 31 cents higher than a month ago, 28 cents higher than a year ago and within 28 cents of the all-time record high of $4.11 per gallon set in July 2008.

Analysts expect the upward trend to continue through mid-May, potentially climbing as high as $4.25 per gallon nationally before retreating.

John Townsend of AAA Mid-Atlantic said gas prices are heading into spring at the highest level ever to start the season, which he calls "unsettling news for motorists as the typical peak driving season approaches."

Hawaii has the nation's highest prices at the pump, and six other states have prices more than four dollars a gallon.

Wyoming has the lowest, with prices at just above $3.40 a gallon.

In Tennessee, the current average for a gallon of regular unleaded is $3.65. That's up six cents from a week ago.

(The Associated Press/NewsChannel 5.)

 

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