Gas prices hit yet another all-time high, AAA survey says

[kfrost06]

The average price of regular gasoline jumped more than a penny to a new record high, a AAA survey showed Wednesday.

The average price of regular unleaded rose 1.2 cents to $3.343 a gallon from the $3.331 the day before, according to AAA's Web site.

Gas prices are up nearly 20% from what they were last year. A month ago, the nationwide average was $3.222 a gallon.

Gasoline prices normally rise during the spring as people travel more. However, the record pump prices have also been supported by high crude prices as shrinking profit margins cause refiners to pull back on production.

United Parcel Service, a major shipping company, reduced its first-quarter earnings predictions because of the high price of fuel.

The average price per gallon of diesel fuel rose more than a cent to $4.032, just a few tenths of a cent below the record high set in late March.

The rising price of diesel fuel has been a major concern for workers in the trucking industry. Diesel averaged $3.829 a gallon last month and $2.904 a year ago.

Costliest in California. California led the nation in pricey gas, at $3.746 a gallon. Hawaii and Alaska both maintained gas prices above $3.60 a gallon.

New Jersey remained the only state to see gas prices below $3.10 a gallon. Prices rose almost 2 cents to $3.074 a gallon.

The AAA survey, updated daily, tracks prices at roughly 80,000 service stations across the country. It is conducted for the group by Oil Price Information Service.

[kfrost06]

I know noone likes to pay more for gas but I say "you reap what you sow" and for years the cars(trucks) have gotten bigger and bigger and the engines have gotten more powerful, the commutes to work have gotten longer, which only increases the demand for oil. Now it's time to pay the piper for our poor behavior. The ironic thing is the ones that own these huge gas guzzling trucks are the same ones that do all the crying about the high prices. Maybe these prices will force people to buy more economical vechicles and in turn put out less pollution. Yes the higher prices are going to hurt some but in the long run it could be a good thing.

[Flagg]

Diesel is now £1.14 a litre in the UK, it's getting ridiculous.

[Hoggage_54]

I know noone likes to pay more for gas but I say "you reap what you sow" and for years the cars(trucks) have gotten bigger and bigger and the engines have gotten more powerful, the commutes to work have gotten longer, which only increases the demand for oil. Now it's time to pay the piper for our poor behavior. The ironic thing is the ones that own these huge gas guzzling trucks are the same ones that do all the crying about the high prices. Maybe these prices will force people to buy more economical vechicles and in turn put out less pollution. Yes the higher prices are going to hurt some but in the long run it could be a good thing.

I agree. I've made adjustments to my living to cope with the prices.. I moved close to school so I can walk there, I walk and bike far more often when it's warmer out, and I will be done school in a few months so I have already started looking for a place close enough so I can walk to work. I think of it as a short term pain/long term gain kind of thing.

[High-roller]

I hate GAS

[ottomaddox]

I saw super unleaded for $4.09 a gallon today. OUCH. Thats in California.

[High-roller]

right now we are at 1.12 cent a litrer

[Kärnfysikern]

I know noone likes to pay more for gas but I say "you reap what you sow" and for years the cars(trucks) have gotten bigger and bigger and the engines have gotten more powerful, the commutes to work have gotten longer, which only increases the demand for oil. Now it's time to pay the piper for our poor behavior. The ironic thing is the ones that own these huge gas guzzling trucks are the same ones that do all the crying about the high prices. Maybe these prices will force people to buy more economical vechicles and in turn put out less pollution. Yes the higher prices are going to hurt some but in the long run it could be a good thing.

Damn straight! Nobody does shit until inaction starts hurting economicaly.

[Act of God]

At this point, I'll be happy when there are less jerkoffs on the road. I can deal with the prices if it keeps the roads moving better (and less soccer mom full-size SUV's clogging all the lanes).

[Amorphic]

1.26 a litre here in BC

[Tock]

I voted for John Anderson for President back in 1980 largely because he favored a 50 cent a gallon federal tax on gasoline. In light of the current US govt's fiscal crisis, I'm 100% in favor of a 25% tax on gasoline to be used for War expenses and for research on alternative energy.