Could gas prices go even higher?

UNDATED (NBC) - Gas prices are climbing across the country, during the month which usually sees some of the lowest prices of the year.

"As far as movement, there hasn't been much of a pulse," said Charles Langley of the Utility Consumers' Action Network. "We've been around $3.07 a gallon all year long, and suddenly in November we saw incredible movement upward."

And it's not just your budget at home -- it also hurts our economy. Economists say that for every 10 cents gas prices go up, that's $7 million out of our local economy every month.

"We run on an oil-based economy, so when oil starts to go above $90 a barrel, it has a very long term effect on the U.S. economy," said Langley. "In fact, the global economy."

Predictions for 2011 run from $4-$5 a gallon to prices actually falling toward the first of the year. In the meantime, drivers will pay the prices at home and at the pump.

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