Gas prices rebound after 5-day slide

Retail prices at the pump move back toward all-time high, according to AAA.

EMAIL  |   PRINT  |   SHARE  |   RSS
 
google my aol my msn my yahoo! netvibes
Paste this link into your favorite RSS desktop reader
See all CNNMoney.com RSS FEEDS (close)

gas_fill_oil_fuel_car.03.jpg
Rising gas prices have been pinching consumers.

NEW YORK (CNNMoney.com) -- Retail gasoline prices rebounded after falling for five straight days, auto group AAA's Web site showed Wednesday.

The national average price for a gallon of regular unleaded gasoline rose to $3.618, up eight-tenths of a cent from the previous day.

Gas prices have been marching steadily higher since the start of the year. The price at the pump rose to an all-time high of $3.623 a gallon May 1.

Drivers are now paying 19% more than what they were last year, when a gallon of gas cost on average $3.035.

The price of gas has been pushed up by the record crude prices. Crude futures hit a record trading high of $122.73 a barrel in electronic trading on Tuesday.  To top of page

Features
They're hiring!These Fortune 100 employers have at least 350 openings each. What are they looking for in a new hire? More
If the Fortune 500 were a country...It would be the world's second-biggest economy. See how big companies' sales stack up against GDP over the past decade. More
Sponsored By:
10 of the most luxurious airline amenity kits When it comes to in-flight pampering, the amenity kits offered by these 10 airlines are the ultimate in luxury More
7 startups that want to improve your mental health From a text therapy platform to apps that push you reminders to breathe, these self-care startups offer help on a daily basis or in times of need. More
5 radical technologies that will change how you get to work From Uber's flying cars to the Hyperloop, these are some of the neatest transportation concepts in the works today. More


Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.