The pinch on consumers at the pump comes just ahead of the summer
driving season, which kicks off with Memorial Day weekend.
http://money.cnn.com/2008/05/22/news/economy/gas_prices/?postversion=2008052206
Record gas prices: 15 straight days
The price for a gallon sets new all-time high at $3.831 a gallon,
according to AAA.
NEW YORK (CNNMoney.com) --
Retail gas prices hit record highs for the 15th day in a row, motorist
group AAA's Web site showed Thursday.
The nationwide average for a gallon of regular unleaded rose to
$3.831, up from $3.807 the previous day.
Gas prices have now risen for 16 straight days.
The AAA national average shows gas prices up about 9% from a month ago
and up nearly 19% from year-ago levels.
The price of gas at the pump has been sup****ted by record high crude
oil prices, which have more than doubled over the past year.
Crude oil futures hit a new record above $135 a barrel Thursday.
Gas is most expensive in Alaska, where a gallon of regular unleaded
costs an average of $4.133.
The second most expensive state for gas is Connecticut, where a gallon
of gas costs $4.083, according to AAA.
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Harry
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