Gas Tops $4 per Gallon After Stable Week

Prices had stabilized—until last week
By Wesley Oliver,  Newser Staff
Posted Jun 8, 2008 7:15 PM CDT
If gasoline prices hit $5 a gallon, 85% of Americans say they would cut out nonessential driving, consolidate errands, or carpool.   (AP Photo/Don Ryan)
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(Newser) – Americans are paying more than $4 a gallon for gas for the first time, Reuters reports. The national average reached $4.005 per gallon today, up from $3.67 last month and $3.10 last year. Prices had stabilized last week, until crude oil futures jumped to record levels. In a recent survey, 74% of Americans vowed to change their driving habits in response to $4-a-gallon gas.