NEW YORK (CNNMoney.com) -- The days of cheap gas are retreating into the rearview mirror, as prices continue to flirt with the $2-per-gallon mark.

The national average price for a gallon of unleaded gasoline edged down 0.1 cent to $1.965 Monday, according to the motorist group AAA. This is bad news for the growing ranks of jobless Americans, who are pinching pennies and looking for ways to cut costs.

The current price would have been welcomed by summertime drivers, because it's less than half the all-time high of $4.114 per gallon, achieved last July 17.

But since gas prices slumped to a low of $1.616 per gallon on Dec. 30, they've jumped more than 20%. At their current rate, prices could easily eclipse $2 per gallon.

This is occurring as crude oil prices are trading well below $40 a barrel.

"I think what you're seeing now is a backlash of a period, from the end of the summer until the end of the year, when refiners were selling gas into the consumer market at a discount to crude oil," said Ben Brockwell, director of data pricing for OPUS.

Brockwell said refineries lost money last year, despite the surge in gas prices. The refineries in the latter half of 2008 were paying top dollar for oil, and then producing gasoline in a low-demand economy, he said. Now, refineries are producing less, driving up prices in even this low-demand economy, while stockpiling discount oil, he said.

It's hard to tell how this impacts Americans, who have been cutting back on driving since last year, and who have avoided the gas-guzzling larger vehicles, said Moody's chief economist John Lonski.

"You'd rather see energy prices lower, but it doesn't serve right now as one of the primary worries that affects consumer spending," said Lonski. "I would think that of the list of things to worry about, it does not yet rank as high as it did this spring or early summer, when gas prices were at stratospheric levels."

Robert Sinclair, spokesman for AAA in New York, one of 16 states where the price of unleaded averages more than $2 a gallon, said, "Driving levels are already pretty low, with the downturn on the economy and people holding onto their pennies and worrying about the future."

But gas prices will probably keep going up, as they often do in late winter and early spring, when refineries traditionally conduct annual maintenance on their facilities, said Peter Beutel of energy risk firm Cameron Hanover.

The silver lining for consumers is that, because of lower demand, prices are unlikely to return to their sky-high levels from last year, according to Beutel.

"I think this market is going to have a very tough time getting over $2.35 [per gallon of unleaded by Memorial Day] just because there are so many people out of work and the economy is having such as difficult time going forward," he said.