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A group trying to bring the mine in towards the end would not have the spirit of discernment to know what to do.

John Jordan's List #17

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Alaska First to Hit $4 Gasoline PDF Print E-mail
Wednesday, 28 May 2008 14:21

By Bernard Woodall

LOS ANGELES (Reuters) - Alaska hit a milestone on Wednesday that could be a sign of things to come around the United States this summer -- it became the first state where the average price for regular gasoline reached $4 per gallon.

"It wasn't totally unexpected," said Geoff Sundstrom, spokesman for the travel and auto group AAA which issues a daily gasoline price report.

"Oil prices recently brushed against $127 per barrel so certainly, $4 gasoline could be in the cards for other states as well this summer," said Sundstrom.

At $4 per gallon, filling up a 15-gallon tank will cost $60.

Alaskans using self-service regular gasoline paid $4.006 per gallon, said the AAA Wednesday report.

The U.S. average for regular gasoline hit a record $3.758 per gallon, the same report showed.

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