According to the AAA Fuel Gauge Summary report for August 26, 2011, the national average price of regular gasoline increased from $3.578 a week ago to $3.604. This is a increase of $0.026 in 7 days.
We are now in the period which, under current law, will determine the COLA amount for next year.
I will post the price of gasoline each Friday through the end of September.
I have seen some predictions that gasoline prices will increase $0.10 to $0.15 over the next month, due to refineries in areas threatened by Hurricane Irene being shut down. It apparently takes about a month for a shut down refinery to resume full operations.
You may view the AAA Daily Fuel Gauge Report for yourself at any time.