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Posted: Thursday, 08 May 2008 11:10AM

Gas price hikes return


The price at the pump has started to jump again.

After holding tight over the past week, the pressures of higher oil prices are taking their toll.

AAA says the average cost of regular set a new record high today of more than $3.55 per gallon.

That's a two cent jump in one day and nearly 70 cents more than a year ago.

The U.S. Department of Energy has predicted increases of another 30 cents or more before summer.

   

  08:55am CDT, 10/06/08
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