Gas prices rise as summer dawns

June 29, 2010 5:32:23 PM PDT
Motorist may want to start thinking about conserving on gasoline.

AAA says the average price at the pump nationwide is $2.75. That's up $.02 from the week before and is expected to go up even further as demand spikes around the Fourth of July holiday.

Here in California, the price is up $.04 a gallon to an average of $3.14.

Investors who see oil as a good place to put their money, are also driving up gas prices.