Gas prices rise - first time since July

Price at the pump tick up as summer hurricane season is in full swing.

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By Kenneth Musante, CNNMoney.com staff writer

NEW YORK (CNNMoney.com) -- Gasoline prices rose for the first time in more than a month, according to a nationwide survey of gas station credit card swipes Friday.

The average price of regular unleaded gasoline rose nine-tenths of a cent to $3.669 a gallon from $3.66 a day earlier, according to motorist group AAA and the Oil Price Information Service.

The price increase is the first in more than 40 days since falling from a record high of $4.114 a gallon set July 17.

Gas prices had been following an 18% decline in the price of crude oil - the main ingredient of gas.

Overall, gas prices have fallen off their highs in recent weeks. But prices at the pump are still 33% above the same time last year, when a gallon of gas cost $2.769. To top of page

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