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 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.
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Gasoline prices extended their slide at the pump Wednesday, while oil and gasoline futures gained on a surprise decline in gas inventories.
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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  increased for the first time in 10 weeks, while truckers saw  their diesel fuel costs drop for a second week, the Energy  Department said on Monday.
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Gas prices fell nearly 3 cents per gallon during the past two weeks, reversing a trend that saw an increase of about 18 cents since early September, a national survey said Sunday.
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Oil and gas futures prices retreated yesterday on expectations that a government inventory report today will again show that crude and gasoline stocks rose last week.
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US gasoline prices fell about 3 cents in the past two weeks to an average of $2.01 per gallon as worldwide supplies of crude oil increased, an industry analyst said yesterday.
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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.
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Oil prices rise again as traders weigh up supply issues and the geopolitical tensions building in the Middle East.
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Still-lagging natural gas production in the Gulf of Mexico added another 6.5 percent to the price of natural gas on Tuesday. There has been a better than 50 percent increase in the price during
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Oil and gasoline futures prices rose in lethargic preholiday trading yesterday on renewed concerns about gasoline supplies and positioning in advance of tomorrow's government inventory report.
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The average price for a gallon of  gasoline in the United States rose about 6 cents over the past  three weeks on higher global oil prices and capacity reductions  at two refineries in the Midwest, an industry analyst said on  Sunday.
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The average price of a gallon of gasoline has spiked 5 cents over the past two weeksin the United States, a national survey said Sunday.
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NEW YORK - Stocks rose for a second straight session Tuesday as a drop in consumer prices 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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The average price of a gallon of gasoline in the United States rose slightly over the past three weeks and could push higher because much of a rise in crude oil has not been passed on to consumers, an industry analyst said on Sunday.
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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.