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Gas Tops $4 per Gallon After Stable Week

Prices had stabilized—until last week

By Wesley Oliver,  Newser Staff

Posted Jun 8, 2008 7:15 PM CDT

(Newser) – Americans are paying more than $4 a gallon for gas for the first time, Reuters reports. The national average reached $4.005 per gallon today, up from $3.67 last month and $3.10 last year. Prices had stabilized last week, until crude oil futures jumped to record levels. In a recent survey, 74% of Americans vowed to change their driving habits in response to $4-a-gallon gas.

If gasoline prices hit $5 a gallon, 85% of Americans say they would cut out nonessential driving, consolidate errands, or carpool.
If gasoline prices hit $5 a gallon, 85% of Americans say they would cut out nonessential driving, consolidate errands, or carpool.   (AP Photo/Don Ryan)
A motorist fills up her car at a station, Thursday, May, 29, 2008.
A motorist fills up her car at a station, Thursday, May, 29, 2008.   (AP Photo/Bob Edme)
A motorist fuels up at a gas station in Half Moon Bay, Calif., Tuesday, May 27, 2008. With gas retailing at $4.436, Californians pay the highest rates in the country.
A motorist fuels up at a gas station in Half Moon Bay, Calif., Tuesday, May 27, 2008. With gas retailing at $4.436, Californians pay the highest rates in the country.   (AP Photo/Marcio Jose Sanchez)
High gas prices posted at Shell, left, and Valero, right, gas station in San Bruno, Calif., Tuesday, June 3, 2008.
High gas prices posted at Shell, left, and Valero, right, gas station in San Bruno, Calif., Tuesday, June 3, 2008.   (AP Photo/Paul Sakuma)
High gas prices posted at a Chevron gas station in Oakland, Calif., Tuesday, June 3, 2008.
High gas prices posted at a Chevron gas station in Oakland, Calif., Tuesday, June 3, 2008.   (AP Photo/Paul Sakuma)
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