Originally published May 21, 2007 at 12:00 AM | Page modified May 21, 2007 at 2:01 AM
National average gas price tops record
The average price of self-serve regular gasoline hit a record high of $3.18, rising more than 11 cents over the past two weeks, according...
CAMARILLO, Calif. — The average price of self-serve regular gasoline hit a record high of $3.18, rising more than 11 cents over the past two weeks, according to a nationwide survey released Sunday.
The latest figure topped the record of $3.07 set two weeks ago, which had been the highest price since the average cost of a gallon of gas hit $3.03 on Aug. 11, 2006, according to the Lundberg Survey of 7,000 gas stations across the country.
The latest price also beat the previous inflation-adjusted record of $3.15 per gallon in March 1981.
In the latest survey, a gallon of midgrade gasoline averaged $3.29, and premium cost $3.40.
Nationwide, the lowest average price for regular fuel was $2.87 in Charleston, S.C., and the highest was in Chicago at $3.59 a gallon.
According to AAA, the average price for a gallon of regular gasoline in the Seattle-Bellevue-Everett area Sunday was $3.46.
Copyright © 2007 The Seattle Times Company
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