Gas prices hit record $3.26, diesel at $4.06

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.

Read Full Article from Reuters

- Posted: 2008-03-24 09:10:14

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