PainAtThePump

Gasoline Prices Rise for 24th Day

Gasoline prices climbed Friday for the 24th straight day as service stations pass along the rising cost of oil. The national average for gasoline hit $3.741 per gallon, according to AAA, Wright Express and Oil Price Information Service. That's an increase of 46.5 cents per gallon since the start of 2012. Gasoline has never been so high this time of year, and analysts say it could reach a record of $4.25 per gallon by late April.

Gas Prices Move Even Lower Ahead of Labor Day

The drop in gasoline prices has begun to accelerate, with the cost of a regular gallon declining almost 10 cents in the last month. At this rate, could prices drop below $3.50 in mid-September, after the end of the Labor Day driving season?