U.S. Economy

Gas prices are on the rise. Here's why

Gas prices are climbing – up nearly 30 cents from a month ago – due in part to high temperatures, which is hurting refinery production, according to an industry expert.

Gas prices spike amid high oil prices: AAA

The national average price for gas rose to $3.58 for the week ending July 20, AAA reported. Gas price bumps can add to overall auto costs, but there are ways to lower these expenses.

Gas prices fall slightly despite holiday demand increase

The average price for a gallon of gas was $3.52 for the week ending July 6, AAA reported. And overall lower gas prices are encouraging Americans to seek road trips this summer. But inflation, high interest rates and recession fears may hold them back.