Gas prices rise again for second consecutive week
July 17, 2011 - 11:23 am
After eight consecutive weeks of relief at the pump, gas prices are back on the uptick once again, AAA says.
The national average for a gallon of gas rose five cents to $3.68, up from $3.63 last Sunday. In the D.C. metro area, the price increase was sharper; a gallon will cost you about $3.72 right now, up six cents from last week.
It's still far cry from the all-time high, which was reached this week three years ago. In July of 2008, the price of a gallon topped out at a national average of $4.11.
Worries over the American debt ceiling and a possible government default and concerns over the long-standing European debt crisis sent oil prices up again.
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