Gas Crunch Special report:
Gas Crunch +Full coverage

Gas prices retreat slightly

Average price of a gallon of regular fell a tenth of a cent, according to motorist group survey.

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 retreated slightly from its high Wednesday, according to a key fuel price survey conducted for the motorist group AAA.

The average price of regular held steady at $3.279 a gallon, just a tenth of a cent lower than the $3.28 reported yesterday, according to AAA's Web site, and down six tenths of a cent from the record high of $3.285 reported Sunday. The average price-per-gallon of diesel fuel rose one cent to a record high of $4.025.

Regular was $3.014 on average at this time last month and $2.556 a year ago, according to the AAA. Diesel was $3.443 in the previous month, and $2.743 a year ago.

Still priciest in California. Gas at the pump retains its usual high in the western part of the country, and California leads the way with an average of $3.631 a gallon. Alaska, Oregon, Washington, and Hawaii all had to pay more than $3.40 a gallon, on average.

New Jersey continues to have the cheapest gasoline, with drivers paying $3.056 a gallon, on average. 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
They're hiring!These Fortune 100 employers have at least 350 openings each. What are they looking for in a new hire? More
If the Fortune 500 were a country...It would be the world's second-biggest economy. See how big companies' sales stack up against GDP over the past decade. More
Sponsored By:
RadioShack: 94 years of hits and misses The electronic giant's road to ruin is littered with 8-tracks, CD payers, pagers and many, many calculators. More
The best TV deals for the Super Bowl Want a new TV for the Super Bowl? Some great deals make now the time to buy. More
Top-paying jobs Orthopedic surgeons take home a median $410,000 in salary and bonus annually. What other great careers from CNNMoney and PayScale.com's list of Best Jobs in America offer hefty paychecks? More


Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer.

Morningstar: © 2015 Morningstar, Inc. All Rights Reserved.

Factset: FactSet Research Systems Inc. 2015. All rights reserved.

Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.

Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2015 and/or its affiliates.