Gas Prices Hit Seven-Month High
By: Import User
Updated: May 27, 2009
(Washington, DC) -- The cost of filling up the gas tank is now the most it's been for seven months.
The government said Tuesday the average for a gallon of gasoline stands at $2.44, up 13 cents from a week ago.
The Energy Department noted while the price has risen by 36 cents a gallon since the start of May, we're paying a $1.50 less than this time last year.
Crude oil prices have shot sharply higher in recent weeks, pushing the pump price up.
The oil price has gone up as signs are starting to show a recovery in the U.S. economy, which is expected to improve demand for fuel.
(Copyright 2009 by Newsroom Solutions)

