$3 Gas: Just in Time for the Holidays

It was nice while it lasted, but our three-month, sub-$3-a-gallon gasoline vacation ended Monday when the national average went back above that costly line. Today the number is up to $3.024 nationally, with California topping all states at $3.287 a gallon.

The reason for rising prices is tied directly to skyrocketing oil prices, now above $90 a barrel. During the summer, when gas prices were high, sales of fuel-efficient cars also rose. We’ll have to see if that trend continues during winter months.

Oh, and which is the lucky state with the cheapest gas? New Jersey at $2.816.

Gas Price Tops $3 Again, a First for November (USA Today)