Gas Tops &#36;2/gallon, 2.9 Cents from Record
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The average weekly retail price for U.S. gasoline topped &#36;2 a gallon to reach the third-highest level ever recorded by the government, the Energy Department said on Monday.
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The price of gas inched up just over 2 cents a gallon around the nation in the past two weeks.
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U.S. retail gasoline prices jumped  passed $1.90 a gallon for the first time since early December  and diesel fuel costs rose to the highest level in seven weeks,  the Energy Department said on Monday.
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Flooding in Midwest refineries and bloated oil costs reversed a predicted downdrift in gas prices -- instead pushing average prices to $3.0577, 6 cents higher than the average price three weeks ago, according to survey findings released Sunday.
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The effect of high crude oil prices  continued to pinch consumers at the pump, with the average cost  for gasoline rising 4.9 cents to the highest level in 14 months  and diesel fuel soaring 6.3 cents to match the record set two  years ago, the government said on Monday.
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TORONTO (CP) - With the price of crude oil continuing its summertime climb to hit a record high of &#36;50 US per barrel this week, Canadian consumers are feeling the pinch at the gas pumps and gearing up for a winter of high heating oil costs.
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U.S. consumers will pay record prices for gasoline this spring, with national monthly pump costs peaking near $3.50 per gallon when the busy driving season begins, the government's top energy forecasting agency said Tuesday.
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The average weekly retail price for  U.S. gasoline topped $2 a gallon to reach the third-highest  level ever recorded by the government, the Energy Department  said on Monday.
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After dropping to less than &#36;2 per gallon last month, the national average price of a gallon of gas is rising again, in large part because of higher crude oil prices, an industry analyst said Sunday.
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U.S. drivers could again face &#36;2 a gallon gasoline now that crude oil has topped a record &#36;50 a barrel, government experts said on Tuesday.
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NEW YORK  The average price of a gallon of  gasoline fell 21 cents in the last two weeks.
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The price U.S. drivers pay for   gasoline is expected to drop another 25 cents in the short term   to a national average of $2.25 a gallon, the federal Energy   Information Administration said on Wednesday.
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Gas prices fell another 3 cents during the past two weeks, to an average of $1.93 per gallon of self-serve regular, a national survey showed Sunday.
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Oil prices surged more than $2 on  Thursday to their highest level in six weeks, tracking a nearly  10 percent rally in natural gas as a cold snap cranked up  furnaces across the Midwest.
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The average retail price of a gallon  of gasoline in the United States cost about 6.5 cents more last  week, rising for the first time since early July on the back of  higher crude oil prices, an industry analyst said on Sunday.
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Average Massachusetts gasoline prices have dropped 22 cents in the past month, and the leading oil retailer in New England had a motorist-delighting prediction yesterday: Gas could well be $2 a gallon by January.
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U.S. average retail gasoline prices  over the last two weeks rose for the first time in nearly three  months and could edge higher, according to an industry analyst.