Gas prices hit $5 in Manhattan

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Gas prices are rising

Gas prices have jumped across the nation as oil prices reach a 7-year high.

Gas prices are on the rise and they have hit nearly $5 for regular and are now about $5.40 a gallon for supreme in Manhattan.

A Mobil station on 11th Ave. on the West Side had the eye-popping prices on Monday evening.

Gas prices have jumped across the nation as oil prices reach a 7-year high.

The average price of gas across the country is about $3.25 per gallon, according to GasBuddy, and $3.31, according to the Lundberg Survey.

US considering releasing emergency oil reserves

Average prices are up more than $1 from a year ago, according to GasBuddy data compiled from more than 150,000 gas stations across the country.    

Just eight states have average prices under $3 per gallon — Oklahoma, Mississippi, Texas, Arkansas, Louisiana, Kansas, Alabama, and Missouri, according to GasBuddy.

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Gas prices on the rise

The average cost of gas is increasing again in New York.

According to the Lundberg Survey, the highest average price for regular-grade gas in the country is in the San Francisco Bay Area, at $4.55 per gallon. The lowest average is in Houston, at $2.77 per gallon.

According to the survey, the average price of diesel jumped 11 cents to $3.45 a gallon.

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