US Retail Gasoline Prices Rise; Diesel Sets Record
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The average US retail price for regular-grade gasoline rose 4.2 cents the past week to $2.035 a gallon and diesel reached a record as crude oil rallied to an all- time high.
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Retail gasoline prices could go higher as fuel suppliers pass along a surge in the cost of crude oil to drivers, the head of the U.S. Energy Information Administration said Tuesday.
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Oil futures prices have jumped 5 percent higher, climbing above $44 a barrel in the United States Wednesday after US government data showed a slight decline in crude and heating oil supplies as colder weather in the Northeast drove up
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U.S. crude oil prices rose a dollar Friday on concerns over low gasoline supplies heading into the travel-heavy Memorial holiday weekend.
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Rising crude oil costs are taking a toll on U.S. consumers, as the national price for gasoline jumped 5.1 cents a gallon over the last week and diesel fuel hit a record high, the government said on Monday.
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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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The national price for gasoline  increased 5.5 cents over the last week to $1.993 a gallon, the  highest pump price ever in October, while diesel fuel set a  record for the third straight week, the U.S. government said on  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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record-high crude oil prices, and they are likely to continue rising, an industry analyst said Sunday. From Sept. 24 through Friday, the combined national average for all grades of gas rose from $1.
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U.S. retail gasoline prices rose close to &#36;2 a gallon on Friday, near their record, intensifying the spotlight on sizzling energy costs ahead of the presidential election.
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U.S. retail gasoline prices jumped 5.5 cents over the last week to their highest level in six weeks, the government said on Tuesday.
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Watch out at the gas station this weekend. Oil and gasoline prices bounced back up this week. Crude oil prices neared $49 a barrel Friday, capping a rise of 7 percent for the week, as
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New Delhi, Oct. 31(NNN): As international oil prices continued to soar, petrol and diesel prices are likely to be hiked from Monday (November 1).
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LOS ANGELES - Gasoline prices have climbed nearly 8 cents a gallon in the last two weeks because of record-high crude oil prices, and they are likely to continue rising, an industry analyst said Sunday.
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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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US consumers paid more at the pump as the average national price for gasoline rose 0.9 cent per gallon during the past week to $1.
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U.S. retail gasoline prices jumped almost a nickel over the last week to the highest level in a month as tight motor fuel supplies threatened to send pump costs higher, the government said on Tuesday.