Gas Prices Highest For A Year As Ukraine Fears Roil Oil Markets

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Gas Prices Highest For A Year As Ukraine Fears Roil Oil Markets

by Wochit 0:41 mins

Gas Prices Highest For A Year As Ukraine Fears Roil Oil Markets

by Wochit 0:41 mins

According to a widely-watched industry survey, the price of gasoline has jumped 9 cents a gallon in the past two weeks, bringing the total increase to 40 cents over 10 weeks. The Lundberg Survey said the the average for a gallon of regular is now $3.69 -- the highest since March last year. Gasoline prices in the lower 48 states are at their highest in over a year as the Ukraine crisis has pushed up the price of crude oil. The price of oil edged down Monday but stayed above $104 per barrel as investors watched simmering tensions in Ukraine.

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