Saturday, June 14, 2008

oh no

Gas prices hit another record

National average price keeps climbing, with more than half the states paying $4 a gallon or more.



To become less dependent on fuel, I'd be most inclined to...
  • Grow my own food
  • Install solar panels
  • Buy an electric car
  • None of the above

NEW YORK (CNNMoney.com) -- Gasoline prices as measured in the daily AAA survey hit yet another record Saturday.

The national average price for regular unleaded gasoline edged up slightly to $4.073 a gallon, according to the motorist group's Web site.

The average topped $4 for the first time last week after crude oil prices surged to a trading record above $139 per barrel. The price has swung back and forth in a $10 band since then.

Gas is most expensive in California, according to the survey, averaging $4.587, followed by Alaska at $4.416. The average price is $4 a gallon or more in more than half the states and the District of Columbia.

Missouri has the lowest average price at $3.839, followed by Oklahoma at $3.849.

Gasoline prices in the survey have risen 34 percent from a year ago when they averaged $3.029.

On its Web site, AAA says the information is gathered by Oil Price Information Service based on credit card swipes at 85,000 gasoline stations across the nation.

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