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Gas prices rise again - 2nd day

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 again on Saturday after edging higher for the first time in more than a month on Friday, according to a nationwide survey of gas station credit card swipes.

The average price of regular unleaded gasoline rose 1.3 cents to $3.682 a gallon from $3.669 a day earlier, according to motorist group AAA and the Oil Price Information Service.

Friday's 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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Markets Last Change
Dow Jones 10,215.61 192.19 / 1.92%
Nasdaq 2,149.64 37.20 / 1.76%
S&P 500 1,091.21 21.91 / 2.05%
10-year Bond 101 4/32 Yield: 3.48%
U.S.Dollar 1 euro = $1.500 0.012
November 9, 2009 3:18 PM ET
CompanyPrice% Change
Radioshack Corp 20.34 14.66%
TRW Automotive Holdings Corp 23.00 11.70%
Sprint Nextel Corp 3.18 11.58%
Unisys Corp 34.14 10.16%
Nov 9 3:04pm ET †
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