Friday, May 09, 2008

TOP STORY > >Gas breaks $3.50

By RICK KRON
Leader staff writer

Gasoline busted through the $3.50 mark in central Arkansas with a vengeance this week, and is just pennies away from the $4 mark in Alaska and California.

According to the American Automobile Association, the average price for a gallon of unleaded gasoline in Arkansas was $3.55 Friday, up three cents from a month ago and 67 cents higher than a year ago.

The national average for a gallon of regular unleaded gasoline rose 2.6 cents to $3.671 Friday, breaking the record set Thursday.

It was the second day in a row that gas prices set a record, and follows a 17-day streak of record-breaking days that ended May 1.

Both Jacksonville and Cabot are averaging $3.54 for a gallon of regular unleaded gasoline. Sherwood is five cents higher at $3.59 and Beebe at $3.57. All four cities are above the state average.