Gas Prices Begin Slow Climb

A summer of low gas prices seemed too good to be true. As analysts predicted, prices at the pump are beginning to creep up, according to AAA's Daily Fuel Gauge Report.

The national average price of a gallon of regular gas today is $3.534, up from last week's price of $3.490, AAA reports. Last month, prices were lower, at $3.329 for a gallon of regular. Premium fuel is averaging $3.814 a gallon today, up from $3.770 last week and $3.622 last month.

In Chicago, today is the first day in a while that we've seen prices break the $4 barrier for a gallon of regular. Still, we've still got it pretty good. AAA's national average price for a gallon of regular on this date last year was $3.703; premium cost $3.953 a gallon.

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By Jennifer Geiger | August 2, 2012 | Comments (3)



The gas station across the street from my job went from $3.69 to $4.29 in 4 days. Does anyone think a .60 cents rise in 4 days is considered a slow climb and having it pretty good?

Mine went up 20 cents overnight last night in suburban Chicago to $4.29. It was $3.99 on Monday morning.


What is President Obama going to do? I live in Rosemont, IL and remember like it was yesterday seeing Obama at a rally where he criticized Bush over and over on gas prices. The crowd was really into it. Now that the shoe is on the other foot, and he got my vote, I'd like to see what he's going to do about it.

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