National Gas Price Average Closing in on $5 a Gallon

According to AAA yesterday, the national average of a tank of gas jumped to $4.87 a gallon which is up 25 cents in the past week and 59 cents in the past month. Currently, there are 10 states where the average price is $5 a gallon or higher with Michigan and Indiana being the latest to join that list that includes Washington D.C. New Jersey, Pennsylvania and Massachusetts are expected to join the list soon and Georgia is the only state with an average below $4.30. In March, the national average broke the record of $4.11 a gallon that had stood since 2009 and the national average price has risen steadily for the past month setting 27 records in the last 28 days.