CNNMoney.com
Companies Economy International Corrections Pre-market Trading After-hours Trading Winners/Losers/Actives Bonds Currencies Commodities World Markets Subscribe to Real Money Newsletter Subscribe to Money Magazine Money Magazine Real Estate Taxes Jobs Ask the Expert Money 101 Autos Mutual Funds The Help Desk Loan Center Best Places to Live Subscribe to Money Magazine Ask the Expert Ultimate Guide to Retirement Retirement Calculators Rules of Retirement Best Funds Best Places to Retire Fortune Brainstorm Tech Apple 2.0 Blog Big Tech Blog Sectors and Stocks Tech Talk Questions & Answers Innovation Nation Small Business Video 50 Best Places to Launch Resource Guide Next Little Thing Subscribe to Fortune Magazine Fortune 500 Brainstorm Tech Investing Management Executive Interviews Rankings Main Create Portfolio Edit Portfolio Create Alerts Edit Alerts

Gas, diesel hit new records

Average price of unleaded gasoline and diesel fuel reach new highs.

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)

Do you feel your money is safe at your bank?
  • Yes
  • No
  • Unsure

NEW YORK (CNNMoney.com) -- Fuel prices rose to new record highs overnight, a nationwide survey of gas station credit card swipes showed Wednesday.

The average price of regular unleaded rose five-tenths of a cent to a fresh all-time high of $4.114 a gallon, according to a daily survey from motorist advocacy group AAA.

Gas prices have surged 35% in the past year and have weighed on consumers and businesses alike. High fuel prices are one of the factors squeezing Americans, causing them to limit vacation travel and cut back on driving.

Businesses and local governments have also had to change their operations to deal with the high costs.

The average price of diesel fuel, which is used to power most trucks and commercial vehicles, climbed nine-tenths of a cent to a record $4.839 a gallon, according to AAA. That's 64% higher than last year when diesel was cheaper than gas.

Gas prices are most expensive in Alaska, where prices average $4.634 a gallon. California come in second, with drivers paying $4.505 on average.

South Carolina has the cheapest prices for regular unleaded. Gas prices average $3.912 a gallon there.

Hawaii is the state with the highest diesel prices, while diesel is cheapest in Montana.  To top of page

Gas prices have climbed to record levels. Are you feeling the pinch? Tell us how gas prices are affecting you and what you're doing to cope. Send us your photos and videos, or email us to share your story.
Features
  • hollywood_sign.gi.04.jpg
    Silver lining of the housing bust: A protectionist group was able to buy the land around the iconic sign. More
  • european_ave_train.04.jpg
    Trains of the future are likely skipping you. Despite grand government plans, funding is small.  More
  • exterior.04.jpg
    Broadway star Scarlett Johansson is selling her L.A. pad for $2 million less than she paid. More
  • john_thain_100111.gi.04.jpg
    Former Merrill Lynch CEO John Thain is being asked to work his magic on small business lender CIT. More
  • challenger_fuscia.04.jpg
    It's Dodge's new tough-guy color for the Challenger muscle car. More
  • vanessa_corey.04.jpg
    Lenders are collecting from owners like Vanessa Corey even after a short sale or foreclosure. More
  • wild_things.04.jpg
    The $10 electronic hamsters were last year's monster hit. Meet the encore. More
Markets Last Change
Dow Jones 10,058.64 150.25 / 1.52%
Nasdaq 2,150.87 24.82 / 1.17%
S&P 500 1,070.52 13.78 / 1.30%
10-year Bond 97 29/32 Yield: 3.62%
U.S.Dollar 1 euro = $1.374 -0.005
February 9, 2010 12:00 AM ET
CompanyPrice% Change
UAL Corp 15.38 17.67%
AMR Corp 8.27 12.98%
Continental Airlines Inc 19.23 10.79%
US Airways Group Inc 6.43 8.43%
Feb 9 3:54pm ET †
10 sages read the future of print What becomes of the printed word? What's the fate of companies that produce periodicals and books? Here's what 10 media and tech luminaries think. More
Buy Scarlett Johansson's hilltop manse Even starlets are subject to the faltering real estate market. Just three years after buying her Los Angeles home, Johansson is selling it for $2 million less than she paid. More
I stopped looking for work The number of discouraged job seekers is at an all time high. These readers tell us what it's like to give up on the job search. More


© 2010 Cable News Network. A Time Warner Company. All Rights Reserved. Terms under which this service is provided to you. Privacy Policy. Advertising Practices.
Copyright © 2010 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.