Gasoline prices set new high

Posted by Michael on April 4th, 2008

gasoline pumpGasoline prices moved up overnight to set a new record high last night… the second record high in as many days.

According to AAA, the national average for a gallon of regular unleaded has now reached record levels of $3.303 for a gallon.

The current price of gasoline has been rising in reaction to the recent run up of oil prices and the weak dollar, and resulted in a 22% jump year over year in prices at the pump.

The highest averaging states are California and Hawaii, both of which have average prices above the $3.60 mark.

For a full write up on the current situation, you can read my article on record high gasoline prices over on BloggingStocks.

You can read more from Michael on AOL’s Bloggingstocks

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Posted in Consumer Experience, Dollar, Economy, Energy, Major Moves, Market Updates, New Highs, Oil
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4 Responses to “Gasoline prices set new high”

  1. Lower your gasoline bill | UP and down world says:
    April 4, 2008 at 5:50 pm

    [...] Americans really hard lately has been the massive run up in oil prices, which has translated to record high gasoline prices. With gas prices currently averaging over $3.30 a gallon, it is for sure that everyone is feeling [...]

  2. jack says:
    April 4, 2008 at 6:19 pm

    Hi Michael,

    in San Diego here, and I am paying a bit under $4 a gallon.

  3. tim says:
    April 7, 2008 at 3:30 pm

    Im in texas, and we are right around same level, about $3.40.

  4. Oil prices jump on this week’s inventory report | Stock Investing says:
    April 9, 2008 at 4:00 pm

    [...] Gasoline prices set new high Authors Website [...]