Today is: March 6, 2012Why Gasoline Prices Are So Different Around the US
Retail gasoline prices in the US have skyrocketed over 13 percent — more than 40 cents — so far this year, as the price of crude oil has surged to the highest level since last May.
The national average for regular gasoline rose to $3.70 Friday, up 14 cents in the past week — and only about 40 cents shy of the all-time record high of $4.11 a gallon reached in July 2008.
While many are feeling the pain at the pump, Americans are seeing widely divergent prices depending on where they live.
Why are drivers in Fort Collins, Colorado paying a little over $3, while those in Santa Barbara, California are seeing gas prices at $4.33 a gallon?
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