April 11th, 2010
04:58 PM ET

Gas prices increase nearly 4 cents

Prices at the pump are up nearly 4 cents in the past three weeks, continuing a trend of rising prices since mid-February, according to a survey published Sunday. The national average national for a gallon of gasoline is $2.85, Lundberg Survey found in the survey conducted April 9.

The rise in price coincides with a rise in crude oil prices in past three weeks. Crude prices rose the equivalent of 10 cents a gallon.

Although not assured, the trend points to a possible national average of $3, said survey publisher Trilby Lundberg.

The biggest determinate of whether gas prices will hit the $3 mark will be oil prices, she said.

"If it does (hit $3), it will be crude oil that does it, because gas demand continues to be very weak," Lundberg said.

While demand for gasoline typically increases in the summer months in the United States, high unemployment rates will keep demand weak, she said.

The current average price is 80 cents above the price of a gallon of self-serve a year ago, Lundberg said. The survey tallies prices at thousands of gas stations nationwide.

The city with the lowest average price in the latest survey was Newark, New Jersey, at $2.64. The highest was Honolulu, Hawaii, at $3.43.

Here are average prices in other cities:
Chicago, Illinois – $3.15
Portland, Oregon – $2.92
Portland, Maine – $2.88
Boston, Massachusetts – $2.80
Des Moines, Iowa – $2.79
Tucson, Arizona – $2.77
Atlanta, Georgia – $2.74
Salt Lake City, Utah – $3.01
Denver, Colorado – $2.68

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Filed under: Economy • U.S.
soundoff (66 Responses)
  1. Necklace Holder ·

    gas prices will always increase that is why we should focus on alternative energy sources _

    November 8, 2010 at 9:26 am | Report abuse | Reply
  2. pHarris

    Are the gas prices ever going to level off? It seems like the price goes up every day.

    March 8, 2011 at 9:47 am | Report abuse | Reply
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  4. Kisha Elbie

    thx mate Here's some thing to make you smile: Thought for the day? : If there's so much laborsaving machinery, why don't I have more free time?

    September 8, 2011 at 3:33 pm | Report abuse | Reply
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    The current average price is 80 cents above the price of a gallon of self-serve a year ago... Shame!

    November 2, 2011 at 8:18 pm | Report abuse | Reply
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    November 2, 2011 at 8:20 pm | Report abuse | Reply
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