Gas prices up 28 cents in 10 days

By Ben Rooney, staff reporter


NEW YORK (CNNMoney) -- Gas prices continued to rise nationwide Friday, with the average price per gallon up nearly 28 cents in the past 10 days.

The national average price for a gallon of regular gasoline rose to $3.471 on Friday, according to a daily survey by motorist group AAA. That's up 4.4 cents from $3.427 a gallon on Thursday, and 10 cents from $3.368 on Monday.

Gasoline prices and taxes by state
Prices at the pump can vary widely among states due to a number of factors. More

California replaced Hawaii as the state with the highest gas prices in the nation. Drivers in the Golden State now pay an average $3.85 a gallon, while the average price in Hawaii is $3.84 a gallon.

Montana and Wyoming remain tied for the lowest prices in the nation. Gas prices in both states average $3.14 a gallon.

Gas prices vary widely from state to state based largely on local tax rates. But prices have been trending higher nationwide following a rise in the price of crude oil, the main ingredient in gasoline.

Oil prices were moving higher again Friday, rising to a high above $103 a barrel before backing down. The run-up in oil prices comes as the political crisis in Libya shows no sign of abating, and investors remain worried about additional supply disruptions from the Middle East.  To top of page

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Index Last Change % Change
Dow 18,081.81 57.64 0.32%
Nasdaq 4,786.71 21.29 0.45%
S&P 500 2,087.05 4.88 0.23%
Treasuries 2.29 0.03 1.51%
Data as of Dec 24
Company Price Change % Change
Bank of America Corp... 18.04 0.12 0.64%
Gilead Sciences Inc 92.34 2.89 3.23%
General Electric Co 25.71 -0.17 -0.66%
Cisco Systems Inc 28.57 0.32 1.13%
Apple Inc 112.22 -0.32 -0.28%
Data as of Dec 24

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