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KXNT Morning News Checks In With MarketWatch

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gas station KXNT Morning News Checks In With MarketWatch

Gas prices are steadily inching upward, and experts say three-dollars a gallon could become the norm by Christmas. 

The latest Lundberg Survey conducted prior to the weekend showed the national average for a gallon of self-serve unleaded gas was two-dollars-91-cents.  That’s up nearly four cents over the past two weeks.  Overall, prices across the nation are about 28-cents a gallon more than they were a year ago.  Drivers in Long Island, New York pay the most for gas — an average of three-dollars-21-cents a gallon.  In Denver, Colorado motorists get the best deal, paying an average of two-dollars-61-cents a gallon.  Lundberg blames rising prices at the pump on crude oil, which at 89-dollars a barrel, now sits at a 25-month peak.

To learn more about gas prices, unemployment and the possible outcome of the tax cuts, KXNT Morning News spoke to Editor-At-Large Jill Schlesinger.

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