U.S. gas prices keep rising

Weekend motorists take note: U.S. retail gasoline prices hit a record for the fourth day in a row in a daily survey of pump prices by the American Automobile Association, the AAA said Friday.

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Self-serve regular rose to an average of $1.746 per gallon, up four-tenths of a cent from the prior record set Thursday, the AAA said.

A month ago, prices were 6.5 cents lower. A year ago, they were 7.5 cents lower. Before this week, the previous record had been set late last summer toward the end of the peak driving season.

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Adjusted for inflation, gasoline is not at its peak. In today's dollars, the price of gasoline in 1981 was about a nickel short of $3 per gallon.

The AAA, a motorist and travel group, said the highest average price was in California at $2.13 a gallon with the lowest in South Carolina at $1.62 per gallon.