Gas prices hit another record high

The price for a gallon of gas jumped to $3.707, trumping Friday’s record $3.671 a gallon.

CNNMoney (NEW YORK) — Retail gasoline prices jumped to yet another record high Sunday, according to drivers’ advocacy group AAA’s Web site.

The national average price for a gallon of regular unleaded gasoline edged up to $3.707, topping the previous record of $3.671, set on Friday. Gas prices had been hitting almost daily record highs, most recently running up a 17-day streak that ended May 1.


Last week, gas prices resumed their record run as crude oil prices pushed higher.

Drivers now pay, on average, 22% more than they did a year ago, when a gallon of gas cost $3.037, according to AAA.

CNN