Seeking Alpha

U.S. drivers are paying an average of $3.72/gallon today for gasoline, the highest price ever on...

U.S. drivers are paying an average of $3.72/gallon today for gasoline, the highest price ever on this date and even higher than the $3.717 average on Aug. 20, 2008, AAA reports. Prices range from a low of $3.43 in South Carolina to $4.32 in Hawaii. Arizona, Mississippi and New Mexico also have average prices below $3.50; California and Illinois are above $4/gallon.
Comments (16)
  • With Obama and this administration's war on domestically produced energy, we can only imagine how much higher energy prices will go if this hostile regime stays in office.
    20 Aug 2012, 03:20 PM Reply Like
  • wham bam obama's my man - we don't need no stinkin new oil supplies
    20 Aug 2012, 03:21 PM Reply Like
  • Wham Bam Chicago flim flam!
    20 Aug 2012, 03:45 PM Reply Like
  • US has about the cheapest gas in the world, with record drilling in almost ever state.
    20 Aug 2012, 03:28 PM Reply Like
  • T330: To correct your vague statement, as much as I hate to, Obama has shutdown the permit process for offshore and federal lands. He has no control over private drilling, so naturally, they have increased production. If Bush were in office we would have a glut of oil, sending the price in a free fall. Thanks for an attempt at clearing that up.
    20 Aug 2012, 03:38 PM Reply Like
  • Heres a recent ranking of gasoline prices by country: The high prices in many places are more influenced by taxes than by the fuel cost.
    20 Aug 2012, 03:42 PM Reply Like
  • Spot on Max!
    She is George Soros in drag!
    Her comments are always blue and worthless to the debate this country needs to have!
    We are going to be a third world country if Terry and Obummer have their way!
    God save the republic!
    20 Aug 2012, 03:44 PM Reply Like
  • I remember W. Bush, gas above $4.00 and 10's thousands loosing jobs each month, trillions of borrowing for wars. He should speak at the GOP party in Tampa.
    20 Aug 2012, 03:54 PM Reply Like
  • Screw Bush!
    He was PROGRESSIVE light!
    Big, over reaching government is never good for the people or OUR REPUBLIC!
    Come on and get real man!
    20 Aug 2012, 04:05 PM Reply Like
  • That's right. Send Bush back!!! I hope this time he finds the WMD...
    20 Aug 2012, 04:40 PM Reply Like
  • We already have a glut of oil, Cushing is busting at the seams, The US has become a net exporter of refined products, gasoline, diesel etc. We produce more than we consume. Oil is cheaper here because it is partially stranded, otherwise WTI pricing would be much closer to Brent pricing. We can sell refined products into the international market, principally Latin America. That keeps prices from falling a lot here.
    20 Aug 2012, 08:58 PM Reply Like
  • Save the wealthy!
    20 Aug 2012, 09:00 PM Reply Like
  • Gas prices have lost their correlation to sonsumer spending....huh...doesn't make much sense to me other than consumers living high on the hog again...learned nothing from recent depression!
    20 Aug 2012, 03:28 PM Reply Like
  • Yeah, and bubble blowin Ben and his QE stun gun is going to give the hoar's another round of dollar debauchery?
    Get over yourselves!


    The struggling working men / women in this country are dying under the criminal in chief and immoral thief, Barry Obama!


    This progressive / quasi socialist administration will go down in history as the most corrupt and UN American ever!


    May the good lord allow the people to finally open their eyes and see just how the law of divide and conquer has put brother against brother to the detriment of the republic!


    God Bless The Virtuous
    20 Aug 2012, 03:38 PM Reply Like
  • Hawaiians sure have to pay a lot.
    On the other hand, they do get to live in Hawaii.
    PS You people posting here who think gas prices have anything to do with Romney or Obama are just weird. And ignorant, too.
    God bless us liberals.
    20 Aug 2012, 04:32 PM Reply Like
  • Higher gas prices = less driving = less miles on cars = longer life for cars = less need for new cars = more competition between car manufacturers for sales = lower prices = lower profits = bail out GM again.
    20 Aug 2012, 06:29 PM Reply Like
DJIA (DIA) S&P 500 (SPY)