Transcript for Summer Bummer: Gas Prices About to Spike
republic, then puerto rico and then possibly florida. A summer surprise on the way fo the family driver. Gas prices are about to spike, how high how long will it last? Reporter: Gas prices are heading higher. The reason, the pumps have risen in the last week and they're ready to pass it onto consumers. Already the national average of $3.48 is a penny higr than yesterday. Prices are going to continue to climb at least for the next couple of weeks. The rise is tied to crude oil prices, $7 a barrel last month amid unrest in egypt. Egypt controls the suez canal, a cruel route for transporting oil. If that country were to descend into a civil war we could potentially see prices to where they peeked in 2008 at $4.11 a gallon. That would mean $40 more for most americans to spend on gas. The department of energy says prices will remain higher for the rest of the summer averaging $3.63. Thanks for the head's up. Still ahead on "world news." After those three young women in cleveland spoke out, we looked
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