The average price of a gallon of regular gasoline rose slightly across most of the nation over the last week, according to the AAA Fuel Gauge Report. In California, the average climbed 1.8 cents to $3.798 a gallon. The U.S. average rose 1.5 cents to $3.486 a gallon.
Analysts attributed the rise to the recovery in U.S. oil prices. Crude futures are again hovering around the $90 a barrel level after falling to the lowest price of the year of $77.69 a barrel during the final week of June. So far Monday, U.S. oil is down 38 cents a barrel to $89.75 in trading on the New York Mercantile Exchange.