Why the average gas price is at $4.99 a gallon and how high it'll go
CNN
Next stop, $5.
The US average for the price of a gallon of regular gas hit $4.99 according to the most recent reading from AAA Friday. It marked the 14th straight day, and the 31st time in the last 32 that gas has set a record in America. Gas prices have climbed 39 cents, or 8%, just in the two weeks since the start of the Memorial Day weekend kicked off the traditional summer driving season.
For much of the country, $5 gas is already here.
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