Gas Prices Rise Again After Short Decline
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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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Gas prices fell nearly 3 cents per gallon over the past two weeks, reversing a trend that saw the price rise about 18 cents since early September, a national survey said Sunday.
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The average U.S. retail price of  gasoline rose more than 5 cents in the past two weeks to more  than $2 a gallon, its highest level since June, a leading  industry analyst said on Sunday.
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Rising energy prices pushed wholesale prices up in May, but the measure of core producer prices registered a small increase, suggesting that high gasoline prices are not affecting the cost of other goods.
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The average U.S. retail price of  gasoline fell slightly over the last two weeks to about $1.86 a  gallon, restoring a trend of declines after a modest increase  late last month, according to the nationwide Lundberg survey of  about 7,000 gas stations released on Sunday.
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NEW YORK - Stocks rose for a second straight session Tuesday as a drop in consumer prices Tuesday allowed investors to put aside worries about inflation, at least for the short term.    With gasoline prices falling to eight-month lows, the Consumer Price Index registered a small drop in July, giving consumers a respite from soaring energy prices...
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Average retail gasoline prices rose by  nearly 5 cents and are poised to rise further as those who  make, distribute and sell gasoline see their profit margins  squeezed, according to an industry analyst.
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U.S. retail gasoline prices jumped passed &#36;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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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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CAMARILLO, Calif. - Gas prices jumped more than 5 cents a gallon in the past two weeks, largely because of supply problems related to Hurricane Ivan, an industry analyst said.
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Gas prices nudged upward about half a penny in the last two weeks after dropping more than 20 cents since May 21, but another price spike is not expected due to a decline in crude oil prices, an industry analyst said Sunday.
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LOS ANGELES -- Gasoline prices have climbed nearly 8 cents a gallon in the past two weeks because of record-high crude oil prices, and they are likely to continue rising, an industry analyst said yesterday.
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U.S. retail gasoline demand inched up last week as prices dropped, MasterCard Advisors said Tuesday.
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WASHINGTON -- Oil prices jumped almost $2 yesterday after briefly dropping to nearly $60 a barrel, while natural gas futures plunged to their lowest level since December 2002.
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NEW YORK -- Crude oil prices have resumed their climb after word that the nation&#39;s crude supply grew for the second week in a row.
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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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Gas prices rose again at the pump overnight but consumers might see some relief now that a major Midwestern refinery appears ready to restart this weekend following minor repairs.