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Tuesday, 03/01/2011 4:15:23 PM

Tuesday, March 01, 2011 4:15:23 PM

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Gas prices have increased 17 cents a gallon in the past week. And analysts expect prices to continue higher, following a sharp rise in the price of crude oil. Tom Kloza, chief oil analyst at the Oil Price Information Service, said gas prices' 6-cent jump reported Friday was the largest one-day increase since at least 2008. The jump in pump prices follows a surge in prices for crude oil, the main ingredient in gasoline. Oil prices spiked 9% last week, a week that included a high of $103 a barrel, the highest since October 2008.

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