US gas prices

Highest Price Ever of Gasoline in March; State-by-State Gas Price and Gas Tax Comparison

Mish's Global Economic Analyis,

20 March, 2012

Highest Gas Price Recorded in March

An ABC consumer report shows Highest Gas Price Recorded in March

The average price of a gallon of regular is now $3.87, the highest recorded price in March. The average price is up nearly 4 cents from a week ago, and over 30 cents from a year ago, according to the Department of Energy, as more drivers face gas prices of $4 a gallon or more across the country.

Last week, the average gas price was $3.83 a gallon, the previous record according to data going back to 1990.

The West Coast was once again the most expensive region with an average gas price of $4.23, up almost 2 cents from last week, with an increase of over 37 cents from a year ago.

The least expensive was the Rocky Mountain region with $3.62 a gallon. That region had the highest increase from last week, 14 cents, while the average price there climbed almost 24 cents from a year ago.

State-by-State Gas Price Comparison

The AAA Fuel Gage Report by the American Automobile Association tracks gasoline national averages including state-by state comparisons.

Site is updated daily. Map above shows prices as of March 20, 2012.

Gasoline Taxes State-by-State

Diesel Fuel Taxes State-by-State

The above maps by the American Petroleum Institute.

In what should be no surprise, the highest gas price states are in general the states with the highest gasoline taxes.