Transcript for Gas Prices Skyrocket 42 Cents a Gallon in a Month
Only a new report finds that prices have skyrocketed. By 42 cents per gallon and just the last month -- much of that increase. Coming in the last few days. Eight season Lindsay Janice our newest... See More
Only a new report finds that prices have skyrocketed. By 42 cents per gallon and just the last month -- much of that increase. Coming in the last few days. Eight season Lindsay Janice our newest correspondent in the -- she is here with more details of course about -- welcome to our functional family here at ABC. Thanks guys and ferry and air -- -- to -- Believe -- -- not some drivers now paying more than five dollars a gallon for gas that's in California but in almost every corner of this country prices are skyrocketing. The average price now three dollars 71 cents a gallon. That's -- -- -- for this time year up 13% thirteen -- excuse me in the last week. The big question is why -- analysts say it's because of rising oil prices but they're not exactly sure. Why the cost -- spike so quickly some are blaming rising demand overseas like from China. Others blame refinery maintenance or speculators on Wall Street either way. There's no and incisive when the warmer weather comes this spring an American families are hitting the road again. Prices could rise another forty to sixty cents per gallon at some major hits for the family budget Paula. If we don't like -- be the bearer of bad news but still we're still in a looking at him and he's -- a very much.
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