U.S. gas prices—March 10, 2008
Gas prices soar higher again this week.
National retail fuel price averages
| Price | Change from last week |
| Regular gasoline/gallon | $3.23 | ↑ .06 |
| Diesel fuel/gallon | $3.82 | ↑ .16 |
Regional regular gasoline prices
| Price | Change from last week |
| East Coast | $3.19 | ↑ .03 |
| -New England | $3.17 | ↑ .02 |
| -Central Atlantic | $3.19 | ↑ .02 |
| -Lower Atlantic | $3.21 | ↑ .03 |
| Midwest | $3.19 | ↑ .11 |
| Gulf Coast | $3.13 | ↑ .04 |
| Rocky Mountain | $3.11 | ↑ .02 |
| West Coast | $3.46 | ↑ .07 |
| -California | $3.54 | ↑ .08 |
Source: Energy Information Administration, 3/10/08
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Posted by: Cale | Mar 11, 2008 12:58:43 PM
Price of gas has gone up so rapidly in the past month, I'm betting we'll see the price split (think "stock split") so that new prices will be expressed at an adjusted $.875/quart. That's $3.50/gallon out here in the PNW.
Posted by: ernest | Mar 15, 2008 11:33:17 PM
For several days I have noticed that prices at two HESS gas stations in NJ had prices that were inconsistent. On March 14th I toke pictures and then calculated that the price variances ranges from 1-4%, why is that? How are gas prices determined?
Why would a gas station on the same street less then one mile from each other have gas price that rage from 1-4% higher? We’re in free markets, and I like free markets, most retailers have consistent prices at store/location that are close together, right?
Here’s the details comparing two HESS Stations, 0.8Miles from each other.
The two stations are on Route 18 in East Brunswick, NJ
03/14/08 03/14/08 Diff. %
Regular $2.979 $2.999 $0.02 1%
Plus 3.099 3.179 0.08 3%
Premium 3.199 3.279 0.08 3%
Diesel 3.849 3.999 0.15 4%