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Monday, June 30, 2008
Gas Prices Climb to Record Highs
FOXBusiness
Gas prices have reached a new record high, according to AAA’s Fuel Gauge Index which measures gas prices around the nation.
A gallon of gas now costs $4.086 on average nationwide, up from $4.079 the day before. The Fuel Gauge Index showed that 33 states now have gas prices totaling more than $4 per gallon.
States where drivers will find the most expensive gas are Alaska at $4.623 per gallon, California, where gas is $4.583 per gallon, and Hawaii, where fuel costs $4.408.
States with the best prices for gas are Missouri at $3.862 per gallon, Oklahoma and South Carolina where gas averages $3.866, and Virginia, where a gallon costs $3.975.
Gas prices have risen by 38% since this time last year, and 2.9% in the past month, according to AAA.
On the bright side, diesel prices actually went down a bit, from $4.764 per gallon yesterday to $4.762.
Oil futures hit a record-breaking high of $143.67 per barrel this morning.
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