The price of an average gallon of regular gasoline is surging nationwide, driven mostly by rising oil prices. Over the past month, the average is up almost 12% to $2.69. In four states, the price has increased to over $3 a gallon. This is just four months since American prices hit an 18 month low.
The average price of a gallon of regular is $3.61 in California, $3.38 in Hawaii, $3.14 in Washington and $3.04 in Oregon. It has nearly breached the $3 level in Nevada, where the price is $2.97, according to GasBuddy. Gas prices in several other states will only need to rise by pennies to join the group.
