10 Least Expensive States For Gas
Here are the least expensive states for gas as of Monday, according to AAA:
1. Missouri: $3.62
2. Oklahoma: $3.64
3. Kansas: $3.67
4. Arkansas: $3.69
5. South Dakota: $3.70
6. Iowa: $3.71
7. Texas: $3.72
8. Nebraska: $3.73
9. North Dakota: $3.73
10. Wyoming: $3.74
State Regular Mid-Grade Premium Diesel
Missouri $3.627 $3.847 $4.115 $4.169
Oklahoma $3.646 $3.906 $4.132 $4.158
Kansas $3.678 $3.938 $4.189 $4.212
Arkansas $3.693 $3.915 $4.209 $4.283
South Dakota $3.701 $3.802 $4.153 $4.148
Iowa $3.719 $3.837 $4.287 $4.312
Texas $3.726 $3.977 $4.284 $4.362
Nebraska $3.731 $3.821 $4.201 $4.246
North Dakota $3.732 $3.942 $4.204 $4.193
Wyoming $3.744 $3.956 $4.201 $4.273
Credit: AAA
Even though these states have the lowest average gas prices in the country, according to AAA, they have all seen a significant rise in prices week-to-week.
Here's a look at how much prices have risen since last week, according to AAA:
* Missouri: up $.30
* Oklahoma: up $. 36
* Kansas: up $.30
* Arkansas: up $.46
* South Dakota: up $.26
* Iowa: up $.32
* Texas: up $.44
* Nebraska: up $.32
* North Dakota: up $.33
* Wyoming: up $.30
California is the most expensive state for gas with an average price of $5.34 per gallon for regular, followed by Hawaii ($4.69) and Nevada ($4.59).
The Associated Press said the all-time high for average gasoline prices was set in July 17, 2008, at $4.10 per gallon.
In today's terms, the record price would be equal to about $5.24 after accounting for inflation.
"Forget the $4 per gallon mark, the nation will soon set new all-time record highs and we could push closer to a national average of $4.50," said GasBuddy analyst Patrick De Haan. "We've never been in this situation before, with this level of uncertainty. … Americans will be feeling the pain of the rise in prices for quite some time."
Oil prices soared early Monday before retreating. In midday trading, benchmark U.S. crude was up 2% to about $118 a barrel, and the international price gained 4% to around $123 a barrel. Major U.S. stock indexes were down about 2%.
The Associated Press contributed to this report.
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