NEW YORK — The average price of regular gas crept past a once-unthinkable milestone over the weekend, hitting $4 a gallon just in time for the peak summer travel season.
Prices at the pump are expected to keep climbing, especially after last week’s furious surge in oil prices, which neared $140 a barrel Friday.
The national average hit $4.005 overnight from $3.988. The average was $3.979 in Colorado and $3.878 in Denver, according to fuel-price research site .
“I don’t think we’ve felt quite the full impact of $138- or $139-a-barrel oil,” said Jason Toews of .
A gallon in California now averages $4.436, the highest in the country. Missouri pays the least, $3.802 a gallon. Prices are up about 20 cents in the past three weeks, according to a Lundberg Survey. A gallon of diesel is at $4.762, according to AAA and the Oil Price Information Service. The Associated Press
