CONSUMER ALERT: Gas Prices Surge In Biggest July Jump Since 2000 - Spokane, North Idaho News & Weather KHQ.com

CONSUMER ALERT: Gas Prices Surge In Biggest July Jump Since 2000

USATODAY.COM - Like summer temperatures, gasoline prices show few signs of cooling off.

After dipping to $3.33 a gallon and flirting with $3 in the South, the nation's average gas price climbed 17 cents over 26 consecutive days in July. It was the first monthly gain since March and the biggest July jump since at least 2000, AAA said Tuesday.

Nationally, regular gasoline now averages $3.50 a gallon, although it's pricier in 25 states.

"More and more locations say prices are above where they were last year — and last year was the most expensive for motor fuel," says Oil Price Information Service analyst Tom Kloza. Gas averaged $3.71 a gallon in July 2011. click here to read more

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