Wednesday, April 23, 2008

$100 fill-ups arrive at gas pumps


Noel Bosse and Ken Davis watch as the numbers keep spinning at the gas pump -- 70 bucks, 80 bucks. Gulp, guzzle, then it stops: $101 for about 25 gallons.

The $100 fill-up has arrived in the United States.

"I think it's absolutely ridiculous," Bosse said with disgust.

San Francisco is the most expensive city, averaging $3.97 a gallon. However, a drive around the city shows that many stations have jumped over $4.

The national average for regular unleaded is $3.53 and rising daily. Last year at this time, it was $2.86 per gallon. According to AAA, 24 states and the District of Columbia are averaging at or above $3.50 a gallon for regular unleaded. The state with the lowest gas is in New Jersey, at $3.34 per gallon.

Green says Americans should expect the price to increase another 25 cents over the next month and continue to climb over the summer months.

"A national average approaching $4 a gallon should not be ruled out by consumers later this year," he said.
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