News

Pump prices jump 12 cents, AAA sees further rise

Pump prices jump 12 cents, AAA sees further rise

American motorists are bracing for further increases in gas pump prices. Photo: Associated Press/Seth Perlman

American motorists are bracing for further increases in gas pump prices this summer after average national prices rose 12 cents in the past week alone.

AAA says drivers are experiencing “sticker shock” as increased summer demand, unrest in Egypt and production disruptions in the U.S. and other countries push up the price of crude oil and gasoline.

The national average price for regular unleaded gasoline was $3.67 a gallon on Friday.

AAA says that’s 23 cents more expensive than the same time last year but still below the all-time daily high of $4.11 a gallon on July 17, 2008.

The association says retail gas prices are likely to rise more in the coming weeks.

Unscheduled refinery shutdowns or hurricanes on the U.S. Gulf Coast could also add to price increases.

Recent Headlines

in Entertainment

This weekend in entertainment history

tomcruise

A look back on some of the most memorable moments in Hollywood history.

in Entertainment

REVIEW: Evil clown returns for “Poltergeist” reboot

18-overlay4

Just when you felt it was safe to look under the bed, we're given another "Poltergeist" movie.

in Entertainment

PLAYLIST: 19 of the best Summer songs

Patriotic Music

Memorial Day marks the unofficial start of summer. Start your season off right with this playlist spanning the '60s to now.

in Music

This week’s top country tracks

keithurban

LISTEN: This week's top country tracks, according to the latest Billboard chart.

in Entertainment

Netflix: What’s coming and going in June

netflix

Take this long weekend to binge on shows and movies that are leaving Netflix and get a sneak peak at what's coming next month.