Area Gas Prices to Climb Again

By Megan McGrath
|  Friday, Jul 8, 2011  |  Updated 7:43 AM EDT
View Comments (
)
|
Email
|
Print
Area Gas Prices to Climb Again

Getty Images

Just when gas prices were coming down, the price of crude oil is on the rise -- and that means higher prices at the pump.

The price of a barrel of crude is creeping toward the $100 mark again.

The rise comes just weeks after the U.S. and other nations agreed to release millions of barrels from emergency reserves.

Analysts say improving economies around the world are partly to blame.

Demand for gas increases when times are good, and that drives up prices.

According to AAA, the current average price for a gallon of regular in the District is $3.82, which is actually down from a month ago ($4).

In Maryland, the average price is $3.57 per gallon. In Virginia, the average price is $3.46.

Get the latest headlines sent to your inbox!
View Comments (
)
|
Email
|
Print
Leave Comments
NBC4's Camp4Kids
NBC4 launched Camp4Kids in 1993,... Read more
Follow Us
Sign up to receive news and updates that matter to you.
Send Us Your Story Tips
Check Out