Three dollar a gallon gasoline is here.
Drivers who use midgrade or premium fuel have been living with that reality for weeks. Now the average price of a gallon of regular unleaded is within sight of the mark.
The national average for regular unleaded stood at $2.93 a gallon on Friday, up 2 cents from Monday, April 24. One month ago, the average price was $2.50 a gallon.
The average price one year ago was $2.23 a gallon, according to AAA, of Hawthorne, Fla.
Midgrade gasoline was selling for $3.11 a gallon on Friday, and premium unleaded gasoline was selling for $3.22 a gallon.
Diesel fuel prices stood at $2.95 a gallon on Friday, up 2 cents from five days ago and up 30 cents a gallon from one month ago.
AAA's Daily Fuel Gauge Report looks at prices from 85,000 self-serve gasoline stations and posts the data on www.fuelgaugereport.com.
Although gasoline prices continue their climb, crude oil prices are dropping from record highs. A barrel of crude oil was trading at $71.28 on Friday, after reaching the $74-a-barrel mark early in the week.
According to GasPriceWatch.com, drivers in Jerome, Idaho, were paying $2.36 a gallon for regular unleaded, the lowest price in the nation. Drivers in Makawao, Hawaii, were paying the highest price, $3.64 a gallon for regular unleaded.
GasPriceWatch.com uses volunteer spotters who have listed more than 381,000 prices this week.
You may e-mail Bowdeya Tweh at [email protected]