Gasoline prices are streaking back toward post-Katrina heights.
The average price of regular unleaded gasoline was $2.74 a gallon Friday. That's a 13-cent increase in the past week. In areas of Detroit, the price of a gallon of premium unleaded has broken the $3 barrier.
One month ago, regular unleaded was selling for $2.37 a gallon. One year ago, it was $2.26.
Diesel fuel has followed the same trend. Prices have escalated 3 cents a gallon over the past three days. On Friday the average selling price was $2.76. One month ago, diesel was selling for $2.62 a gallon. One year ago it was $2.38, according to AAA, of Hawthorne, Fla.
AAA surveys 85,000 self-serve stations across the country and posts its findings on FuelGaugeReport.com.
Crude oil continues to inch toward the $70.85-a-barrel record high from last year. Crude was trading for $69.45 a barrel Friday, up from $68.80 on Tuesday, April 11.
The highest price spotted for regular unleaded was $3.31 a gallon in Kailua Kona, Hawaii, according to GasPriceWatch.com. The residents of Sandy, Utah, have the lowest pump prices spotted, at $2.16 a gallon.
The Web site uses voluntary spotters and has collected more that 387,000 prices this week.
You may e-mail Kathilee Grace at [email protected]