Drivers are feeling the pinch.
Gasoline prices added another 11 cents over the past two weeks, putting the national average price at $3.93 a gallon, according to the Lundberg Survey.
At a gas station in Fort Lee, N.J., where the price of a gallon of regular unleaded is $3.73, a number of drivers told us they are cutting back in other areas of their spending in order to make up for the rising gas prices. Their solutions range from considering alternative transportation to work to going out to eat a lot less than before.
If drivers in New Jersey are feeling the pinch, motorists in Chicago are more than squeezed, with the average price in Chicago running $4.56 a gallon. A far cry from filling up in Tulsa, Okla., where drivers are paying $3.58.
The national average for regular unleaded gasoline has risen almost a quarter in a month to the highest level ever for this time of year. Because prices at the pump have jumped 24 percent in the last 52 weeks, drivers are choosing to consume less, evidenced by a 3 percent drop in total consumption over the same period a year ago.