Gas prices are the highest they have been in four years. As 47-million Americans plan to travel 50 miles or more this Independence Day. After five straight weeks of prices dropping at the pump, they are likely to increase ahead of July 4th.
This comes as oil prices jumped to $73 per barrel this week. Right now, the national average for a gallon of regular unleaded is $2.87. In California, we are paying about 80-cents more per gallon.
Prices stand at $3.66 a gallon.