NEWS10 ABC: Albany, New York News, Weather, SportsGas prices increase in Capital Region

Gas prices increase in Capital Region

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ALBANY, NY - Gas prices have hit the highest price ever for President's Day weekend, according to reports. 

Experts say the national average may reach a record of $4.25 a gallon by late April and nearly $5.00 a gallon by Memorial Day.

In the Capital Region, the average is $3.82, which is up three cents in week and up 18 cents in a month.

With crude oil futures at $105 a barrel, their highest level in nine months, prices won't drop soon.

 

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