Lundberg Survey: National Average Gas Price Hits $4 a Gallon

Posted on May 9, 2011

CBS News reports that the national average for the price of gas has hit the $4 per gallon mark. This is according to the Lundberg Survey. The AAA's Fuel Gauge Report still has the nation wide average about three cents under $4. CBS News is also reporting that gas prices may have peaked. We heard this same optimism a couple weeks ago and it didn't happen. The best possible scenario for gas not going up a lot more this summer would be if we can avoid a Gulf of Mexico hurricane. Take a look:

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