Gas prices are rising in the New Year

January 1, 2010 9:52:33 PM PST
There is some tough news about gas prices.

This New Year many will be paying substantially more for gasoline than last New Year's Day. The national average for self-serve regular gas, last year at this time, was $162.

Now ConsumerAffairs.com reports drivers are paying about a buck more: $2.64.

The gas prices are tracking crude oil prices.

Last year at this time a barrel was $38.85, on Friday that same barrel is going for $79.00.

Analysts generally agree as the economy picks up, the price of gasoline will go up, too.

In California, the average price regular unleaded is $2.96 a gallon, in the Bay Area it is $3.02 a gallon.


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