Monday, March 31, 2008

Average gas prices reach all time high




According to a AAA survey, the average price of a gallon of gas has reached a record high. Just one year ago the average price of regular gas was only $2.67 a gallon. But today, the average price of regular rose to $3.28 a gallon.

Experts blame the rising gas prices on the constant increase of the price of crude oil. The current price of a barrel of crude oil is $101.04 , not far from its record high of almost $112 a barrel.

The most expensive state for gas is Hawaii, where regular gas costs an average of $3.65 a gallon. New Jersey drivers on average have the least expensive gas, with a statewide average of $3.05 a gallon. To find the average cost of gas near you, visit http://www.gasbuddy.com/.

Drivers of vehicles that use diesel fuel are getting hit the hardest. The national average price of a gallon of diesel is $4.33 a gallon. The American Trucking Association says they are working to solve this national problem.

To calculate how much gas you will use on a trip, or just on your drive to and from work, visit http://www.fuelcostcalculator.com/.

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