DENVER (KDVR)– Gas prices continued to rise across the country Monday morning, with the national average for a gallon surpassing the 2008 record of $4.10, according to GasBuddy.
Here are the least expensive states for gas as of Monday, according to AAA:
- Missouri: $3.62
- Oklahoma: $3.64
- Kansas: $3.67
- Arkansas: $3.69
- South Dakota: $3.70
- Iowa: $3.71
- Texas: $3.72
- Nebraska: $3.73
- North Dakota: $3.73
- Wyoming: $3.74
| State | Regular | Mid-Grade | Premium | Diesel |
|---|---|---|---|---|
| Missouri | $3.627 | $3.847 | $4.115 | $4.169 |
| Oklahoma | $3.646 | $3.906 | $4.132 | $4.158 |
| Kansas | $3.678 | $3.938 | $4.189 | $4.212 |
| Arkansas | $3.693 | $3.915 | $4.209 | $4.283 |
| South Dakota | $3.701 | $3.802 | $4.153 | $4.148 |
| Iowa | $3.719 | $3.837 | $4.287 | $4.312 |
| Texas | $3.726 | $3.977 | $4.284 | $4.362 |
| Nebraska | $3.731 | $3.821 | $4.201 | $4.246 |
| North Dakota | $3.732 | $3.942 | $4.204 | $4.193 |
| Wyoming | $3.744 | $3.956 | $4.201 | $4.273 |
Even though these states have the lowest average gas prices in the country, according to AAA, they have all seen a significant rise in prices week-to-week.
Here’s a look at how much prices have risen since last week, according to AAA:
- Missouri: up $.30
- Oklahoma: up $. 36
- Kansas: up $.30
- Arkansas: up $.46
- South Dakota: up $.26
- Iowa: up $.32
- Texas: up $.44
- Nebraska: up $.32
- North Dakota: up $.33
- Wyoming: up $.30
California is the most expensive state for gas with an average price of $5.34 per gallon for regular, followed by Hawaii ($4.69) and Nevada ($4.59).
The Associated Press said the all-time high for average gasoline prices was set in July 17, 2008, at $4.10 per gallon.
In today’s terms, the record price would be equal to about $5.24 after accounting for inflation.
“Forget the $4 per gallon mark, the nation will soon set new all-time record highs and we could push closer to a national average of $4.50,” said GasBuddy analyst Patrick De Haan. “We’ve never been in this situation before, with this level of uncertainty. … Americans will be feeling the pain of the rise in prices for quite some time.”
Oil prices soared early Monday before retreating. In midday trading, benchmark U.S. crude was up 2% to about $118 a barrel, and the international price gained 4% to around $123 a barrel. Major U.S. stock indexes were down about 2%.
The Associated Press contributed to this report.
