Average U.S. Gas Prices Hit Record $4 a Gallon for the First Time
Cars

Average U.S. Gas Prices Hit Record $4 a Gallon for the First Time


American drivers are paying an average of $4 a gallon of gasoline for the first time in U.S history as of this Sunday according to the motorist group AAA and the Oil Price Information Service. The national average price for a gallon of regular gas rose to $4.005 overnight from $3.988, but many of us have already been paying well above that price for some time now – we for example paid $4.08 yesterday afternoon in New England.

Unfortunately, that’s not the end of it as crude oil prices shot up nearly $11 a barrel Friday and approached $140 for the first time ever. In a statement issued Friday, the AAA attempted (unsuccessfully) to persuade gasoline station owners not to overreact to the single-day oil spike. "Consumers should not be overcharged for gasoline simply because the oil markets reacted so strongly to today's news," AAA said.





- Report: A Look At The Average Fuel Prices In Europe And The Usa In February 2011
Without doubt, American drivers are feeling the pinch at the gas pump again as fuel prices have recently surged well past the $3 per gallon mark, recording a 20 per cent increase in the past year. According to the U.S. Energy information Administration,...

- Rising Gas Prices Might Affect Large Suv Sales And Trade-in Values
As crude oil reached $91 a barrel on the New York Mercantile Exchange last week, U.S. gasoline prices started going up reaching an average value of $3.05 per gallon. That’s about half a dollar more than what Americans had to pay a year ago and...

- Oil Could Sink Below $25 By Early 2009 Sending U.s. Gas Prices Below $1!
Isn't amazing how things can change in a few months? You all remember what happened in July this summer when crude oil prices reached a record-breaking $147 a barrel pushing average prices at the U.S. pumps over $4.10 a gallon. Well, now Merrill Lynch...

- U.s. Avg. Gas Prices Hit Yet Another Record At $3.718
The national average price for a gallon of regular gasoline in the U.S. has hit yet another record today (Monday, March 12, 2008) at $3.718 according to a report from the AAA. Same goes for the mid-grade and premium gasolines which sell for $3.949 and...

- European Gas Prices: And You Thought $3.50 Was A Lot…
Earlier today, the AAA and Oil Price Information Service reported that average U.S. gasoline prices hit a new record at $3.50 per gallon. A lot of people are freaking out here in the U.S. with the cost of gas but how about if you paid more than double...



Cars








.