Gas prices see biggest one-day increase in a year

FILE - Tuesday's jump comes after an increase in oil prices, which have climbed to three-month...
FILE - Tuesday's jump comes after an increase in oil prices, which have climbed to three-month highs.(MGN)
Published: Jul. 26, 2023 at 8:42 AM EDT
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(CNN) - Gas prices just saw their biggest one-day jump in a year, bringing an end to the months-long calm in prices at the pump.

According to AAA, the national average price for a gallon of regular gasoline increased four cents on Tuesday to $3.64.

It is the biggest increase in a single day since June 7, 2022, and marks an increase of eight cents over the past week.

Even so, prices are still down by 72 cents a gallon from a year ago.

Last summer, they spiked to more than $5.00 a gallon.

Tuesday’s jump comes after an increase in oil prices, which have climbed to three-month highs.