Average Gasoline Prices Hit New Record

The average retail price in the U.S. for regular gasoline increased by 6.2 cents to 261.2 cents per gallon, topping a new high each week for three straight weeks, according to the Energy Department’s Energy Information Administration.

That total is 72.8 cents higher than August 2004. Though the Rocky Mountain region has the lowest average regional price, its average has increased 10.6 cents to 254.6 cent per gallon, marking the largest jump in the country.

The most expensive region, the West Coast, saw prices swell 4.2 cents to 271.1 cents per gallon. California’s average price gained 3.4 cents to 275.0 per gallon., the report said.

Comment On This Story

Comment: (Max. 10000 characters)  
Please leave blank:
* Please note that every comment is moderated.

Newsletter: Sign up to receive latest news, articles, and much more.

Read the latest

Auto Focus Blog: A blog covering fleets, auto rental and the business of cars

Why Do We Visit Capitol Hill?

Members of the American Car Rental Association met with U.S. senators, representatives, and their aides last week. Here’s why bringing the message to this forum matters.

The Customer Isn’t Always Right

Not caving to a customer with a blatant agenda may have consequences, especially for a small rental company that relies on stellar Yelp ratings to advertise. But business integrity must prevail.

The Truth Behind Compact Van Depreciation

Why are large van values holding up better than their compact counterparts, and will it last?

Job Finder: Access Top Talent. Fill Key Positions.