  We have improved upon the method of smoothing supernovae data to reconstruct
the expansion history of the universe, h(z), using two latest datasets, Gold
and SNLS. The reconstruction process does not employ any parameterization and
is independent of any dark energy model. The reconstructed h(z) is used to
derive the distance factor "A" up to redshift 0.35 and the results are compared
with the given value of "A" from detection of baryon acoustic oscillation peak
(BAO). We find very good agreement between supernovae observations and the
results from BAO for \Omega_{0m} \approx 0.276 \pm 0.023. The estimated values
of \Omega_{0m} are completely model-independent and are only based on
observational data. The derived values of \Omega_{0m} are then used to
reconstruct the equation of state of dark energy, w(z). Using our smoothing
method we can demonstrate that while SNLS data are in very good agreement with
LCDM, the Gold sample slightly prefers evolving dark energy. We also show that
proper estimation of the equation of state of dark energy at the high redshifts
would be impossible at the current status of observations.
