Why the Huge Jump in Prices at the Pump?

The active hurricane season is partly to blame for gasoline prices shooting up about 10 cents a gallon at the end of last week.

Economists say it's not expected to get better anytime soon either. They say it's a combination of factors: The threat of hurricanes damaging refineries in Texas and Louisiana, Summer time travel and the recent terrorist attacks in London.

The days of $1.50 a gallon may be over and $3 may not be out of the realm of possibility. According to AAA Carolinas, the average price of gas is $2.23 for a gallon of regular. The national average is $2.29 a gallon.


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