xcel
03-13-2006, 09:24 PM
National average for gallon of unleaded is $2.37, up 31 cents from year ago. (http://www.msnbc.msn.com/id/8533441)
Reuters – Updated: 5:56 p.m. ET March 13, 2006
http://www.cleanmpg.com/photos/data/501/Gasoline_Prices_Hit_5_Month_High.gif
WASHINGTON - U.S. retail gasoline prices jumped another 3.5 cents over the last week to the highest level since early November, the government said Monday.
The national price for regular unleaded gasoline averaged $2.37 a gallon, up 31 cents from a year ago, based on the federal Energy Information Administration’s survey of service stations.
Pump prices have risen 11.2 cents in the last two weeks as gasoline demand picks up with the busy U.S. spring driving season getting underway.
High gasoline prices and record oil company profits have sparked public outrage, and will be the focus of a congressional hearing Tuesday, as executives from six major oil companies head to Capitol Hill to testify.
The Senate Judiciary Committee wants to know if oil company mergers have helped push petroleum prices higher and what the companies plan to do to ease consumers’ energy costs.
In the EIA’s latest weekly survey, the West Coast had the most expensive regional gasoline, with the price up 5.5 cents at $2.48 a gallon. Los Angeles topped the survey of cities, with gasoline up 6.7 cents at $2.58 a gallon.
The Gulf Coast states had the cheapest gasoline at $2.29 a gallon, up 4.5 cents. Among major cities, Boston had the best pump price, up 3.2 cents at $2.24 a gallon.
The EIA report also showed prices, rounded to the nearest penny, up 4.9 cents at $2.46 in Miami, down 0.6 cent at $2.45 in Chicago; up 1.1 cents at $2.39 in Cleveland; up 8.8 cents at $2.37 in Seattle; up 1.6 cents at $2.31 in New York City and up 12.9 cents at $2.27 in Houston.
Separately, the average diesel fuel price paid by truckers fell 0.2 cent over the last week to $2.54 a gallon, up 35 cents from a year earlier, the EIA said.
Truckers on the West Coast paid the most for diesel at $2.73 a gallon, up 1.4 cents from last week. The Midwest states had the cheapest diesel at $2.49 a gallon, down almost a penny.
Reuters – Updated: 5:56 p.m. ET March 13, 2006
http://www.cleanmpg.com/photos/data/501/Gasoline_Prices_Hit_5_Month_High.gif
WASHINGTON - U.S. retail gasoline prices jumped another 3.5 cents over the last week to the highest level since early November, the government said Monday.
The national price for regular unleaded gasoline averaged $2.37 a gallon, up 31 cents from a year ago, based on the federal Energy Information Administration’s survey of service stations.
Pump prices have risen 11.2 cents in the last two weeks as gasoline demand picks up with the busy U.S. spring driving season getting underway.
High gasoline prices and record oil company profits have sparked public outrage, and will be the focus of a congressional hearing Tuesday, as executives from six major oil companies head to Capitol Hill to testify.
The Senate Judiciary Committee wants to know if oil company mergers have helped push petroleum prices higher and what the companies plan to do to ease consumers’ energy costs.
In the EIA’s latest weekly survey, the West Coast had the most expensive regional gasoline, with the price up 5.5 cents at $2.48 a gallon. Los Angeles topped the survey of cities, with gasoline up 6.7 cents at $2.58 a gallon.
The Gulf Coast states had the cheapest gasoline at $2.29 a gallon, up 4.5 cents. Among major cities, Boston had the best pump price, up 3.2 cents at $2.24 a gallon.
The EIA report also showed prices, rounded to the nearest penny, up 4.9 cents at $2.46 in Miami, down 0.6 cent at $2.45 in Chicago; up 1.1 cents at $2.39 in Cleveland; up 8.8 cents at $2.37 in Seattle; up 1.6 cents at $2.31 in New York City and up 12.9 cents at $2.27 in Houston.
Separately, the average diesel fuel price paid by truckers fell 0.2 cent over the last week to $2.54 a gallon, up 35 cents from a year earlier, the EIA said.
Truckers on the West Coast paid the most for diesel at $2.73 a gallon, up 1.4 cents from last week. The Midwest states had the cheapest diesel at $2.49 a gallon, down almost a penny.