Gasoline Prices United States

The average price of regular self-serve unleaded gasoline hit $1.268 a gallon last week, up 1.8 cents a gallon, the U.S. Energy Department said. The price of gasoline nationwide is at its highest since June 1996. Prices have been rising since March, primarily because of higher crude oil prices, analysts said. In March, the Organization of Petroleum Exporting Countries agreed to cut production to boost oil prices.

Average U.S. gasoline prices barely budged in the last week after terror attacks in New York and Washington, the Energy Information Administration said. Last Tuesday and Wednesday brought scattered reports of price gouging, but major refiners froze wholesale prices and several widely followed gasoline price averages showed little movement. The EIA's weekly survey of about 900 service stations, conducted each Monday, found the U.S. average price for self-serve regular gasoline was $1.

High crude oil prices pumped up the average price of regular unleaded self-service gasoline by about 5 cents a gallon nationwide and about 4 cents a gallon in California, the Energy Information Administration reported. The average U.S. price, based on a weekly survey of 800 service stations, was $1.41 per gallon, the highest since the EIA began keeping statistics in 1990. The California average of $1.

The average price for self-serve regular gasoline in the state dipped to $1.901 a gallon in the week ended Monday from $1.929 the previous week, the U.S. Energy Department reported. It was the second straight weekly decline in the fuel's price, and its lowest level since the week ended April 30, when gasoline averaged $1.867 a gallon. With the exception of a one-week jump this month, gasoline prices have been gradually declining since peaking at $1.

President Clinton warned Congress that if it temporarily repealed the 18.4-cent-a-gallon federal gasoline tax for the summer to offset skyrocketing pump prices, lawmakers will also have to postpone highway projects the taxes were meant to fund. A Republican-backed plan to temporarily stop collecting the tax has been offered as a way to defuse motorists' anger over soaring gasoline prices during the peak summer driving season.

The average price of gas fell 17 cents a gallon in the Midwest in the last two weeks, driving the nationwide average down by 6 cents a gallon to $1.60. The sharp drop in the Midwest resulted from the oil industry overcompensating in an attempt to bring price relief to that part of the country, said analyst Trilby Lundberg. Nationwide, prices at the pump continued to decline from their highs in early June, according to the Lundberg Survey of 10,000 stations.

Gasoline Prices Slip Nationwide: The per-gallon price fell nearly a penny in the past two weeks, the first drop in more than three months, an industry analyst said. The average price of gasoline, including all grades and taxes, was $1.277, according to the Los Angeles-based Lundberg Survey, which was taken Friday of 10,000 stations nationwide. That's down .89 cents from the last survey on June 9, analyst Trilby Lundberg said. "Prices nationally could slip a bit further," Lundberg said.

Get ready to pay $2 a gallon for gasoline. Retail gasoline prices in California and nationwide hit new highs Monday as the U.S. Energy Department released a gloomy forecast that pump prices around the country could approach $1.80 a gallon this summer even if OPEC decides to increase production of crude oil. In California--where self-serve regular unleaded gasoline has risen 11.5 cents in the last week to a record average of $1.63 a gallon--$1.80 may look cheap by June.

The average retail price of gasoline fell nearly 1 1/2 cents a gallon in the last week to $1.448 for regular self-serve unleaded, the Energy Information Administration said. The U.S. average rose almost a penny from the week before to $1.25 a gallon, the highest price in more than three years. Oil futures prices jumped to a 31-month high Monday at the New York Mercantile Exchange, closing at $24.21 a barrel, up 66 cents. A year ago, when oil futures were trading at about $14.

* The average price of gasoline in the U.S. fell nearly a nickel to $1.546 a gallon for self-serve regular, and the California average slipped nearly a penny to $1.72 a gallon, according to a weekly survey by the Energy Information Administration.

The average price of gas fell 17 cents a gallon in the Midwest in the last two weeks, driving the nationwide average down by 6 cents a gallon to $1.60. The sharp drop in the Midwest resulted from the oil industry overcompensating in an attempt to bring price relief to that part of the country, said analyst Trilby Lundberg. Nationwide, prices at the pump continued to decline from their highs in early June, according to the Lundberg Survey of 10,000 stations.

* The average price of gasoline in the U.S. fell nearly a nickel to $1.546 a gallon for self-serve regular, and the California average slipped nearly a penny to $1.72 a gallon, according to a weekly survey by the Energy Information Administration.

President Clinton warned Congress that if it temporarily repealed the 18.4-cent-a-gallon federal gasoline tax for the summer to offset skyrocketing pump prices, lawmakers will also have to postpone highway projects the taxes were meant to fund. A Republican-backed plan to temporarily stop collecting the tax has been offered as a way to defuse motorists' anger over soaring gasoline prices during the peak summer driving season.

The average price of self-serve regular gasoline rose 2.3 cents to $1.641 a gallon while the U.S. average dropped 2.3 cents to $1.658 a gallon, according to the Energy Information Administration, based on its weekly survey of 800 service stations. The California price has been lower than the U.S. price for three weeks. The last time that happened was in 1997. The decline in the U.S.

The average U.S. price for retail self-serve regular gasoline jumped a nickel to $1.681 per gallon, the Energy Information Administration said, based on its weekly survey of 800 gasoline stations. California motorists are paying an average of $1.618 per gallon for self-serve regular, up four-tenths of a cent from the week before. California's average gas price has been lower than the U.S. average for two weeks. The last time that happened was in 1997.

Get ready to pay $2 a gallon for gasoline. Retail gasoline prices in California and nationwide hit new highs Monday as the U.S. Energy Department released a gloomy forecast that pump prices around the country could approach $1.80 a gallon this summer even if OPEC decides to increase production of crude oil. In California--where self-serve regular unleaded gasoline has risen 11.5 cents in the last week to a record average of $1.63 a gallon--$1.80 may look cheap by June.

The average U.S. price for retail self-serve regular gasoline jumped a nickel to $1.681 per gallon, the Energy Information Administration said, based on its weekly survey of 800 gasoline stations. California motorists are paying an average of $1.618 per gallon for self-serve regular, up four-tenths of a cent from the week before. California's average gas price has been lower than the U.S. average for two weeks. The last time that happened was in 1997.

High crude oil prices pumped up the average price of regular unleaded self-service gasoline by about 5 cents a gallon nationwide and about 4 cents a gallon in California, the Energy Information Administration reported. The average U.S. price, based on a weekly survey of 800 service stations, was $1.41 per gallon, the highest since the EIA began keeping statistics in 1990. The California average of $1.

The average price of regular self-serve unleaded gasoline hit $1.268 a gallon last week, up 1.8 cents a gallon, the U.S. Energy Department said. The price of gasoline nationwide is at its highest since June 1996. Prices have been rising since March, primarily because of higher crude oil prices, analysts said. In March, the Organization of Petroleum Exporting Countries agreed to cut production to boost oil prices.