Gas prices are averaging $3.89 across the country this weekend; that's up nearly 30 cents from a month ago.
Experts say gasoline prices could hit $4.25 by late April.
As a result of this increase, Americans are taking fewer trips to restaurants and shopping malls. Is this a good time to purchase a new, more fuel-efficient car? Is this investment really worth it?
Financial analyst Eric Amado discusses the pros and cons with us on News 8 Daybreak Saturday.
