From: Reuters
Published May 19, 2008 04:35 PM

Retail gasoline price at record $3.79/gln: EIA

WASHINGTON (Reuters) - U.S. drivers are facing more sticker shock at the pump as the average price for gasoline soared 6.9 cents over the last week to a new record of $3.79 a gallon, the federal Energy Information Administration said on Monday.

The national price for regular, self-service gasoline is up 57 cents from a year ago because of rising crude oil prices that recently reached a record near $128 barrel at the New York Mercantile Exchange.

(Reporting by Tom Doggett)

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