CNNMoney.com
Companies Economy International Corrections Pre-market Trading After-hours Trading Winners/Losers/Actives Bonds Currencies Commodities World Markets Money Magazine Real Estate Taxes Jobs Ask the Expert Money 101 Autos Mutual Funds The Help Desk Loan Center Best Places to Live Ask the Expert Ultimate Guide to Retirement Retirement Calculators Best Funds Ask the Mole Best Places to Retire Big Tech Blog Techland Blog Sectors and Stocks Fortune 500 Techs Tech Talk 100 Best Places to Launch Ultimate Resource Guide Small Biz Makeovers FSB 100 Ask & Answer Fortune 500 Technology Investing Management C-Suite Rankings Main Create Portfolio Edit Portfolio Create Alerts Edit Alerts
Gas Crunch Special report:
Gas Crunch +Full coverage

Gas prices sustain record run

Motorist group survey shows average fuel prices at another all-time high; West coast drivers pay the most.

EMAIL  |   PRINT  |   SHARE  |   RSS
 
google my aol my msn my yahoo! netvibes
Paste this link into your favorite RSS desktop reader
See all CNNMoney.com RSS FEEDS (close)

NEW YORK (CNNMoney.com) -- The nationwide average price of gasoline set another record Friday, according to the closely watched survey conducted for the motorist group AAA.

The average price of regular rose overnight to $3.28 a gallon, according to AAA's Web site. That's more than a cent higher than Thursday's record and was the fourth all-time high hit in as many days.

Regular was $2.972 on average at this time last month and $2.549 a year ago.

Drivers in states in the western part of the country shelled out the most at the pump, led by California's average of $3.62 for a gallon of gas. Alaska, Oregon, Washington, and Hawaii all had to pay over $3.40 a gallon.

New Jersey still led the nation with the cheapest gasoline, with drivers paying $3.04 a gallon on average. Wyoming and Missouri residents also pay less than $3.10 a gallon.

But when adjusted for inflation, gas prices are still below their peak. The record on that basis was $3.405 and set in March 1981, according to the Energy Information Administration.

The fuel price survey was conducted for AAA by Oil Price Information Service. To top of page

Features
  • obama_official_portrait.04.jpg
    Not even ultra-dapper President Obama could help Hartmarx, the Chicago-
    based clothing maker. More
  • great_adventure_map.04.jpg
    It's been a thrill ride for Six Flags, and the amusement-
    park operator had to wave the white flag. More
  • pilgrims_pride.04.jpg
    The company has gone to the chickens despite producing 42 million dozen table eggs per year. More
  • vallejo_california.04.jpg
    This Bay-area town sought assistance after plunging property tax revenue left coffers empty. More
  • daily_blossom_site.04.jpg
    The bloom is off this celebrity florist as corporate budgets for flower arrangements disappear. More
  • debt_bills.ju.04.jpg
    Isn't it ironic that a company with a mission to help others avoid bankruptcy was unable to help itself? More
  • nrg_coal_plant.04.jpg
    What happens when one energy company refuses to be swallowed by a bigger rival? More
Markets Last Change
Dow Jones 8,146.52 -36.65 / -0.45%
Nasdaq 1,756.03 3.48 / 0.20%
S&P 500 879.13 -3.55 / -0.40%
10-year Bond 98 16/32 Yield: 3.30%
U.S.Dollar 1 euro = $1.394 -0.008
July 10, 2009 4:03 PM ET
CompanyPrice% Change
General Motors Corp 1.16 37.99%
American Intl Group Inc 11.80 24.47%
CIT Group Inc 1.55 -16.66%
YRC Worldwide Inc 1.31 -12.08%
Jul 10 3:56pm ET †
The 10 dumbest iPhone apps The iPhone App Store launched a year ago with 500 applications. Today it has more than 55,000. Some are useful - many are plain stupid. With help from Krapps.com's Alex Miro, we've picked out some of the dumbest. More
New GM's new cars GM is launching a slate of new products. Can they give a lift to the auto giant as it enters a new era? More
Barbie gets a makeover As Barbie celebrates her 50th anniversary, middle age may be her time to shine (again). More


© 2009 Cable News Network. A Time Warner Company. All Rights Reserved. Terms under which this service is provided to you. Privacy Policy
Copyright © 2009 BigCharts.com Inc. All rights reserved. Please see our Terms of Use.
MarketWatch, the MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc.
Intraday data provided by Interactive Data Real-Time Services and subject to the Terms of Use.
Intraday data is at least 20-minutes delayed. All times are ET.
Historical, current end-of-day data, and splits data provided by Interactive Data Pricing and Reference Data.
Fundamental data provided by Morningstar, Inc..
SEC Filings data provided by Edgar Online Inc..
Earnings data provided by FactSet CallStreet, LLC.