Why gas prices are on the rise, again


The price of gasoline rose 13 cents in the last two weeks, bringing the national average for a gallon of regular gas to $2.33 – up 26 cents from the national low which hit on Jan. 26. –according to the Lundberg Survey released on Sunday.

“It was dropping dramatically for nine months straight and then it hit bottom, and now it’s up 26 cents since then, the latest being 13 cents the past two weeks,” survey publisher Trilby Lundberg told NBC.

The survey showed that the highest gas prices in the contiguous U.S. was in Los Angeles where gas is $2.91 per gallon, and that the lowest was in Salt Lake City at $1.91 per gallon. READ MORE.