Highest Gasoline Prices in History Hit All 50 States, National Avg Increased 20 Cents in Just Four Days
The nationwide average for regular gas is now $4.32 a gallon, according to AAA. Just yesterday it was $4.25. In just a few days gasoline has eclipsed the highest price ever recorded by 20¢. The previous record was $4.11 in July 2008. Unfortunately, there is no end in sight. Anecdotally, my neighborhood gas station went up 75¢/gal in just three days and is now $4.95.
Nationally, Diesel prices are also at record highs, with the average cost at $5.06 a gallon, up almost twenty cents overnight from Wednesday to Thursday. This will increase transportation costs for all goods being delivered. The speed of the current rate of increase is very troublesome.
(Current gas price in West Hollywood, Los Angeles, CA)
USA today has an estimate of gasoline prices by state – SEE HERE
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