Not much relief in sight when it comes to gas prices. Fuel costs are expected to take a bite out of your wallet for the next several months.
U.S. gas prices have hit a four-month high with 32 straight days of increases at the pump.
The Automobile Association of America said Monday that the national average for a gallon of regular is $3.73, 43 cents more than a month ago.
AAA spokeswoman Nancy White said there are several reasons for the recent increase in gas prices:
- Some refineries are switching over from winter to summer fuel, which is more expensive to produce.
- A Hess refinery in New Jersey that supplies 7.5 percent of the Northeast's gas is closing.
- Midwinter maintenance has led some refineries to go offline temporarily.
- Demand for gas is up, fueled in part by the return of more people to work.
White said that based on historical trends, prices will likely continue to rise into the warmer months and driving season.