Gas Prices Hit Record Average $3.26, Diesel at $4.06

[Hissyspit]

Source: Reuters

Gas prices hit record $3.26, diesel at $4.06
By Jonathan Stempel
50 minutes ago

NEW YORK (Reuters) - The average price of a gallon of gas in the United States has risen to a record $3.26, and the cost of diesel fuel has soared to a record $4.06 a gallon, adding to pressure on consumers and the companies that deliver their goods.

The national average price for self-serve regular unleaded gas rose 6.9 cents to $3.2645 a gallon on March 21 from $3.1955 two weeks earlier, according to the nationwide Lundberg Survey of about 7,000 gas stations.

The price surpassed the previous inflation-adjusted high set last May 18, when gas cost $3.1827 a gallon. Diesel fuel prices soared 26.75 cents, or 7 percent, to an average $4.0630 per gallon from $3.7955 two weeks earlier.

"Spring demand is awakening, putting pressure on price," Trilby Lundberg, who compiles the Lundberg Survey, said in an interview on Sunday. "It would take a several dollars' decline in the price of a barrel of oil to avoid seeing pump prices shoot up from here." The average price of gas nationwide could soon flirt with $3.50 a gallon, she said, with instances of $4 gas becoming "increasingly common."

Read more: http://news.yahoo.com/s/nm/20080323/bs_nm/energy_gasoline_retail_dc

[magellan]

1. I'm so glad we got a locking gas cap

...and don't commute.

But those will soon be the least of this nation's troubles as the depth of this "little downturn" makes itself known.

[Sailing]

4. Locking gas cap???

you are joking, right? I think you will likely see a lot of screwdrivers punched through the bottom of tanks.

[magellan]

5. Seeing as there's nothing I can do about a screwdriver through the tank

...but there IS something I can do to secure the cap, I acted. And no, I'm not joking. I'm doing what I can. Less would be irresponsible.

[Danmel]

2. I paid 3.37/9 for regular

the other day- $52 to fill the tank of my mid-size sedan. Diesel here is $4.25 a gallon. Gotta tell you at over $50 a fill up, I feel it. I definitely have to cut back on other things- unfortunately, my husband has a herniated disc and I have to drive him to and from work right now and to and from doctors so my driving has actually more than doubled in the past month- it is a definite ouch! More for him than for me-he's in a lot of pain physically too! :(

[madrchsod]

3. here`s a great site

http://www.gasbuddy.com/
GasBuddy.com - Find Low Gas Prices in the USA and Canada

[regnaD kciN]

6. I wish it was $3.26 around here...

Local prices (Seattle metropolitan area) are around $3.58-$3.65 for unleaded regular.

[Earth_First]

7. Diesel here locally is $4.49/gallon

We'll be paying $5/gallon well in advance of $4/gallon.

[Supersedeas]

8. and the price wars in Iraq are just getting started

[JohnnyCougar]

9. I'm so glad I can walk to work.

I feel bad for the consumer getting crunched, but hopefully this will encourage urban planning that is more energy efficient. Mixed zoning, light rail, and revitalized city centers are the answer.

[WhiteTara]

10. oh for that cheap $3.26 gallon gas!

Our cheapest station is $3.49 and most are $3.55 to $3.69 for unleaded regular!