Gas prices speed toward $4

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Long lines are forming throughout the city as residents try to fill up their tanks.File photo
Long lines are forming throughout the city as residents try to fill up their tanks.

New York City gas prices continue to speed toward the $4 mark three weeks after reaching a 2012 low.

The average New York City price at the pump has risen to $3.89, according to AAA’s Fuel Gauge Report, eight cents higher than a week ago.

The cost of gas has jumped 14 cents over the past two weeks. Fuel has remained below $4 since the end of May.

New Yorkers are still paying less than they were last year when residents were paying $4.08 for a gallon of gas.

Nationally, the average cost for a gallon of gas is $3.47, seven cents higher than a week ago.