CNNMoney.com
Companies Economy International Corrections Pre-market trading After-hours trading Winners/losers/actives Bonds Currencies Commodities Money Magazine Retirement Mutual Funds Taxes Ask the Expert Money 101 Autos Loan Center Best Places to Live Calculators Mortgage Rates Personal tech 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 Rankings Main Create portfolio Edit portfolio Create Alerts Edit Alerts

Record gas prices: 14 straight days

The price for a gallon sets new all-time high at $3.807 a gallon, according to AAA.

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

What is to blame for high oil prices?
  • OPEC
  • Big oil companies
  • Supply and demand
  • They are unavoidable

NEW YORK (CNNMoney.com) -- Retail gas prices hit record highs for the 14th day in a row, motorist group AAA's Web site showed Wednesday.

The nationwide average for a gallon of regular unleaded rose to $3.807, up from $3.80 the previous day.

Gas prices have now risen for 15 straight days.

The AAA national average shows gas prices up about 9% from a month ago and up nearly 19% from year-ago levels.

The pinch on consumers at the pump comes just ahead of the summer driving season, which kicks off with Memorial Day weekend.

The most expensive state to buy gas is Alaska, where a gallon of regular unleaded costs an average of $4.102. The second most expensive state to buy gas is Connecticut, where a gallon of gas costs $4.062, according to AAA.

The least expensive state to purchase gasolineis Arizona, where a gallon costs $3.626 a gallon. Missouri and Wyoming are tied for the second least expensive gallon of gasoline at $3.631 a gallon.

The price of gas at the pump has been supported by record high crude oil prices, which have doubled over the past year.  To top of page

Features
Markets Last Change
Dow Jones 11,384.21 152.25 / 1.36%
Nasdaq 2,294.44 51.12 / 2.28%
S&P 500 1,273.70 21.39 / 1.71%
10-year Bond 99 29/32 Yield: 3.88%
U.S.Dollar 1 euro = $1.569 0.002
July 8, 2008 12:00 AM ET
CompanyPrice% Change
Office Depot, Inc 7.10 -31.80%
Hovnanian Enterprises, Inc 5.64 21.55%
Continental Airlines Inc 10.14 14.45%
Washington Mutual Inc 5.84 13.84%
Jul 8 3:58pm ET †
Proving groundsWant to stop employees from skipping off to Starbucks? These hotshot espresso machines might help. more
Top 10 luxury ridesFor those who want the best of the best, here they are. Plus 20 more options to consider. more
Where cheetahs roamIn Namibia, animal lovers' tourism dollars help protect threatened species. more


© 2008 Cable News Network. A Time Warner Company. All Rights Reserved. Terms under which this service is provided to you. Privacy Policy
Copyright © 2008 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 delayed 15 minutes for Nasdaq, and 20 minutes for other exchanges. All Times are ET.
Intraday data provided by Interactive Data Real-Time Services and subject to the Terms of Use.
Historical, current end-of-day data, and splits data provided by Interactive Data Pricing and Reference Data.
Fundamental data provided by Hemscott.
SEC Filings data provided by Edgar Online Inc..
Earnings data provided by FactSet CallStreet, LLC.