Monday, May 2, 2011

Gas Prices Continue to Climb, Nationwide Average Approaching $4 Mark

Gas prices continue to climb, defying reports last week that gas prices were leveling off. The AAA's Daily Fuel Gauge Report, available here, has the nationwide average gas price at $3.93. This is 8 cents higher than a week ago and over 30 cents higher than a month ago.

The all-time record average gas price of $4.114 was record on July 17, 2008. The current average is only about 18 cents short of the all-time high. Hawaii is the state with the highest nationwide average gas price. Gas costs an average of $4.578 in Hawaii. There are several states with an average gas prices of $4 or higher, including Alaska, California, Illinois, Michigan, New York, Ohio and Wisconsin.

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Source: http://www.shoppingblog.com/blog/4301120

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