Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

Gas price surge reaches the 2-week mark

By Ben Rooney, staff reporter


NEW YORK (CNNMoney) -- Gas prices rose Tuesday for the 14th straight day, with drivers in some parts of the United States now paying more than $3.90 a gallon.

The national average price for a gallon of regular gasoline is now $3.517, according to a daily survey by motorist group AAA. That's up eight tenths of a cent from $3.509 on Monday.

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

Gas prices have risen nearly 15 cents so far this month. That's on top of a nearly 27 cent increase in February.

California continues to have the highest gas prices in the nation, with drivers there paying an average of $3.908 a gallon. Hawaii had the second highest average price at $3.89 a gallon, while Alaska came in third at $3.845 a gallon.

The lowest gas prices are in Wyoming, where gas averages $3.197 a gallon. Montana and Missouri also have relatively low gas prices.

Gas prices have been driven higher by an increase in the price of crude oil, the main ingredient in gasoline.

Oil prices have risen more than 10% so far this month, as investors remain nervous about the crisis in Libya. However, prices were trending lower Tuesday following reports that other oil-exporting nations in the region are considering boosting output.  To top of page

Index Last Change % Change
Dow 26,017.81 -97.84 -0.37%
Nasdaq 7,296.05 -2.23 -0.03%
S&P 500 2,798.03 -4.53 -0.16%
Treasuries 2.61 0.03 1.28%
Data as of 9:16pm ET
Company Price Change % Change
General Electric Co 16.77 -0.58 -3.34%
Bank of America Corp... 31.48 0.00 0.00%
Ford Motor Co 12.07 -0.11 -0.90%
Advanced Micro Devic... 12.47 0.29 2.38%
Kinder Morgan Inc 19.01 -0.56 -2.86%
Data as of 4:15pm ET
Sponsors

Sections

More than 5% of DACA recipients have started their own businesses since enrolling the program, according to a recent survey. More

In the latest sign change may be afoot at the Consumer Financial Protection Bureau, interim director of the agency Mick Mulvaney asked for zero funding in its quarterly budget request. More

Amazon's short list of contenders for its HQ2 includes major cities like New York and Los Angeles, but also some surprises such as Columbus and Indianapolis. More

Three changes under the new federal tax law mean that the number of tax filers hit by the AMT will drop by about 96% to an estimated 200,000. More