The Progressive Truth

Monday, May 19, 2008

Gas, diesel prices soar to record high

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From MSNBC:

Gallon of regular unleaded hits $3.79; diesel now $4.52

[...]

Americans are now paying an average of $3.79 for a gallon of regular gas, according to a survey by AAA and the Oil Price Information Service. Diesel, used to transport goods a wide range of goods, now costs $4.52 a gallon.

Drivers in some parts of the country are paying considerably more, however. Gas pump prices in parts of California, where the average is down to $3.96, have been stuck above $4 a gallon for weeks now. Prices in Alaska and Connecticut are averaging just above $4 a gallon statewide.

A report released Sunday showed retail prices topped an average $4 a gallon for the first time in two metropolitan areas: Chicago and New York’s Long Island. The Lundberg Survey of 7,000 stations nationwide found the cheapest city to be Tucson, Ariz., where a gallon of regular sold for $3.48 on average.

[...]