Gas prices near 2012 highs

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Gas prices continue their two month climb in New York City and are approaching 2012 highs.

The average price for a gallon of gas in the city has risen to $4.23, according to AAA’s Fuel Gauge Report, 8 cents higher than a week ago.

Over the past month the cost of gas has jumped 17 cents.

Since July, the cost of a gallon of gas has steadily increased and is now near the 2012 high. Prices at the pump peaked in April at $4.24.

Last year, city drivers were paying under $4 per gallon.

Nationally, the average also continues to rise. A gallon of gas nationally is $3.86, 14 cents higher than a month ago.


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