Gas prices are rising: Here's how much filling up will cost this summer


While gas prices remain relatively low, they're higher now than they were last year and that has some consumers concerned about future price hikes.

A new AAA survey finds that nearly a quarter of consumers think that the price at the pump is already too high, and many are planning to change their lifestyle or driving habits in response.

Related: 8 Ways to Lower Your Car Insurance Bill

Gas prices at currently at $2.29 per gallon, about 25 cents higher than last year at this time. AAA projects that the national average will go up another 40 cents this summer. Gas prices tend to rise in the spring as the industry wraps up spring maintenance and switches over to summer-blend gasoline.

To offset that price hike, more than 70 percent of consumers say that they'd make a change, including combining errands or trips; driving less; reducing shopping or dining out; delaying major purchases; and carpooling. Younger Americans are less likely to say they'll make changes than older drivers.

National Average Gas Prices

Still, more than 80 percent of families said that they'd take a road trip this year, with shorter trips to national parks or theme parks representing the top destinations.

Gas prices are highest in the West, with drivers in Hawaii paying the most ($3.07 per gallon) to fill up their tanks. Drivers in California have the second-highest price per gallon ($2.98), followed by Washington ($2.84) and Alaska ($2.79).

The cheapest gas is mostly in the South, with drivers in South Carolina paying an average of $2.02 per gallon.

Top Reads from The Fiscal Times
The 16 Best New Luxury Cars of 2017
The 15 States Americans Are Ditching
The Best and Worst States for Taxes in 2017
Read Full Story

Markets

DJIA 21,394.76 -2.53 -0.01%
NASDAQ 6,265.25 28.56 0.46%
S&P 500 2,438.30 3.80 0.16%
NIKKEI 225 20,132.67 22.16 0.11%
HANG SENG 25,670.05 -4.48 -0.02%
DAX 12,733.41 -60.59 -0.47%
USD (per EUR) 1.12 0.00 0.40%
USD (per CHF) 0.97 0.00 0.02%
JPY (per USD) 111.28 0.01 0.01%
GBP (per USD) 1.27 0.00 0.00%

Can't get enough business news?

Sign up for Finance Report by AOL and get everything from retailer news to the latest IPOs delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.