Gas Prices Hit New Record High

It’s official.

Gas prices are at a new record high.

Want some more bad news?

It’s only may – things are going to get worse. (Sorry, don’t shoot the messenger.)

The national average for a gallon of self serve is at $3.07 which beats the previous high of $3.03 that was set last August. The $3.07 average is a 19 cent jump from prices just two weeks ago.

So where can a person go to get some cheap (I’m using that as a relative term) gas these days? Well, you might want to move to Charleston, South Carolina where you can get a gallon of gas for just $2.80. And if you want to spend more on gas, you can find the highest gas prices in the city of San Francisco, which has an average price of $3.49/gallon.

If the refineries would get their act together, gas prices wouldn’t be nearly so bad right now, but due to several beginning scheduled maintenance and others experiencing accidents, capacity has been limited. And since demand for gasoline is going up since more people are hittin’ the roads, it’s simple economics – the price goes up.

Posted: May 6th, 2007
at 7:49pm by Fuel Saver


Categories: Gas Prices

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