Gas hits 10th straight record high
The price for a gallon of gas sets new all-time high at $3.792, according to AAA.
NEW YORK (CNNMoney.com) -- Retail gas prices hit record highs for the tenth day in a row, auto group AAA's Web site showed Saturday.
The nationwide average for a gallon of regular unleaded hit $3.792, up from the previous high of $3.787.
Gas prices have now risen for 11 straight days. The pinch on consumers at the pump comes just ahead of the summer driving season, which kicks off with Memorial Day weekend.
The AAA national average shows gas prices up 11% over the past month and up nearly 22% from year-ago levels.
Two states have passed the $4 a gallon threshold. According to the AAA, the average price for a gallon of gas in Alaska is $4.042.
Connecticut is the second most expensive state to purchase gas in with an average price of $4.008 a gallon.
The least expensive state for drivers is Arizona, where a gallon of regular unleaded will set consumers back $3.565, well below the national average.
The second least expensive state to purchase gas in is Wyoming, where a gallon of gas averages $3.580.
Retail gas prices have been pushed up by crude oil prices, which have doubled in the last 12 months. ![]()
-
Silver lining of the housing bust: A protectionist group was able to buy the land around the iconic sign. More
-
Trains of the future are likely skipping you. Despite grand government plans, funding is small. More
-
Broadway star Scarlett Johansson is selling her L.A. pad for $2 million less than she paid. More
-
Former Merrill Lynch CEO John Thain is being asked to work his magic on small business lender CIT. More
-
Lenders are collecting from owners like Vanessa Corey even after a short sale or foreclosure. More
-
The $10 electronic hamsters were last year's monster hit. Meet the encore. More








