Average gas price is back over $3 a gallon

By Reuters
Posted Dec. 27, 2010 at 3:31 p.m.

The average price of U.S. gasoline rose above $3 a gallon in the last ast week, reaching its highest level since October 2008, the Energy Department said on Monday.

The national price for regular gasoline increased 7 cents from the previous week to an average of $3.05 per gallon, as rising crude oil prices bolstered fuel costs.

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