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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

Index Last Change % Change
Dow 20,894.83 89.99 0.43%
Nasdaq 6,133.62 0.00 0.00%
S&P 500 2,394.02 12.29 0.52%
Treasuries 2.25 0.01 0.40%
Data as of 6:52am ET
Company Price Change % Change
Advanced Micro Devic... 11.04 -0.37 -3.24%
Bank of America Corp... 23.04 -0.01 -0.04%
Ford Motor Co 11.10 0.23 2.12%
Cisco Systems Inc 31.59 0.38 1.22%
General Electric Co 28.18 0.13 0.46%
Data as of May 22
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