CONSUMER ALERT: 2012 Gas Prices Head For Record - Spokane, North Idaho News & Weather KHQ.com

CONSUMER ALERT: 2012 Gas Prices Head For Record

Posted: Updated:

KHQ.COM - Gasoline prices are up sharply in the past month on surging crude oil costs and refinery woes, and now are likely to make 2012 the costliest year ever at the pump.

Nationally, gasoline averages $3.70 a gallon — up 30 cents since mid-July and is now higher than year-ago levels in 39 states. Prices are likely to continue climbing through August, with little relief until after Labor Day.

The swift, month-long, 9% price climb has lifted 2012's average to $3.61 a gallon, vs. 2011's $3.51, which had been the most expensive year ever for motorists. Even with demand expected to recede after the peak summer driving season, 2012 will surpass last year's price, says Brian Milne of energy tracker Telvent DTN. click here to read more

  • Most Popular StoriesMost Popular StoriesMore>>

  • PHOTOS JUST IN: Devastation from Carlton Complex; 300 homes burned

    PHOTOS JUST IN: Devastation from Carlton Complex; 300 homes burned

    Saturday, July 26 2014 12:07 AM EDT2014-07-26 04:07:59 GMT
    TWISP, Wash. (AP) - The Okanogan County Sheriff says the Carlton Complex wildfire has many more homes than previously thought. Sheriff Frank Rogers said Friday that the Carlton Complex fire has consumed about 300 homes this month. His office previously placed the number at 150, but he said then he knew it would rise.>>
    TWISP, Wash. (AP) - The Okanogan County Sheriff says the Carlton Complex wildfire has many more homes than previously thought. Sheriff Frank Rogers said Friday that the Carlton Complex fire has consumed about 300 homes this month. His office previously placed the number at 150, but he said then he knew it would rise.>>
  • 44 Riverside homes destroyed or damaged in storm

    44 Riverside homes destroyed or damaged in storm

    Thursday, July 24 2014 3:46 PM EDT2014-07-24 19:46:53 GMT
    RIVERSIDE, Wash. - Many families were still at the Red Cross Shelter set up at Riverside High School in Riverside this morning.An afternoon storm destroyed or damaged 44 of their homes and knocked down close to 100 trees in Riverside Village Mobile Home Park.Many residents said the storm looked like a tornado as it swept through their neighborhood.>>
    RIVERSIDE, Wash. - Many families were still at the Red Cross Shelter set up at Riverside High School in Riverside this morning.An afternoon storm destroyed or damaged 44 of their homes and knocked down close to 100 trees in Riverside Village Mobile Home Park.Many residents said the storm looked like a tornado as it swept through their neighborhood.>>
  • VIRAL VIDEO: Dog passes out from overwhelming joy at owners return

    VIRAL VIDEO: Dog passes out from overwhelming joy at owners return

    Monday, July 28 2014 11:26 AM EDT2014-07-28 15:26:12 GMT
    KHQ.COM - A woman who left her dog in the care of friends while she moved away for two years, got an unexpected and heart melting reaction from her little schnauzer, Casey, when she returned. This video has gone viral since it was posted July 24th with over 17 million views as of July 28th.>>
    KHQ.COM - A woman who left her dog in the care of friends while she moved away for two years, got an unexpected and heart melting reaction from her little schnauzer, Casey, when she returned. This video has gone viral since it was posted July 24th with over 17 million views as of July 28th.>>