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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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Dow Jones 10,406.96 136.49 / 1.33%
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10-year Bond 100 10/32 Yield: 3.33%
U.S.Dollar 1 euro = $1.497 0.007
November 16, 2009 4:04 PM ET
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Sprint Nextel Corp 3.55 14.52%
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Nov 16 3:53pm ET †
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