Update: Local gas prices jump above $3

Update: Tuesday, Feb. 22 at 3:58 p.m.:

KRCG News recently told you Americans are paying more at the pump than they ever have before in the month of February.

The price of regular gas in Jefferson City and Columbia got a lot worse on Tuesday when it jumped by as much as 14 cents.

Pump prices in those two cities are now at $3.09 per gallon for regular unleaded.

That compares to Monday TMs average prices of $2.95 in Columbia and $2.99 in Jefferson City.

Convenience store customer Mark McQuitty said a 14-cent gasoline price jump within 24-hours is too high.

McQuitty said, That TMs outrageous. It goes down by 4 cents. It goes down by 5 cents, and yet they jump it by a dime every time or 20 cents, now it TMs 14. Come on. Take it up by 3 cents. They TMre making enough money off of oil and us as it is. How many record profits do they need every quarter?

The prices at the pump are at a 26-month high, even though oil and gas supplies continue to grow and demand for gas is weak.

Tell us what you think in the comment section below.

Original Story:

Americans are paying more at the pump than they ever have before in the month of February, prompting concerns of what the summer may bring.Accord to the AAA TMs Daily Fuel Gauge report, the average price for a gallon of regular unleaded is $3.17.The Lundberg Survey of fuel prices released Sunday puts the average national price of a gallon of regular a penny more at $3.18.In Missouri, prices are hovering around $3 a gallon.

This has many concerned about just how high prices will climb in the next couple months.

"I have a sick son who requires treatment in Columbia and I live 100 miles away. So its plain and simple I just can't afford to drive back in forth, Concerned Viewer Laura Sayers said. I don't think gas prices are reasonable and I think something needs to be done about it."

Prices are set elsewhere. You just got to do what you do, tighten your belt, and take shorter trips, Concerned Viewer Rober Lueckenotte reports that Missouri TMs average hit $3.00 a gallon on Sunday. The AAA has the Show Me State TMs average at $2.98.In Columbia, the average price is $2.95 a gallon. Jefferson City: $2.99, according the AAA.Columbia ties Billings, Mont., and for the lowest average price among cities surveyed at $2.95 a gallon for regular. San Francisco was the highest among surveyed areas at $3.54.The prices at the pump are at a 28-month high, even though oil and gas supplies continue to grow and demand for gas is weak.The Associated Press reports that most experts aren TMt expecting a reprise of 2008, when the price spike forced many drivers to join car pools and trade in gas-guzzling SUVs for fuel-efficient cars.

Still, one expert expects gas to reach $3.50 to $3.75 per gallon this spring because of the usual run-up in prices ahead of the summer driving season.

The run-up on prices has some reconsidering their summer plans.

"No vacation, no vacation. We TMve been cutting back on all our spending on everything, Concerned Viewer Lilly Beck said. When you TMre over a barrel, you got to go to work and you got to go to the grocery store, so no matter what you are going to have to pay the price."

What do you think? Are you making changes to your summer plans? Are you better prepared now for high gas prices than you were in 2008? (The Associated Press contributed to this story)