March 5, 2012 |
Gasoline prices are keeping up their record-setting ways. California drivers paid an average of $4.358 for a gallon of regular gasoline, up 6.6 cents from a week earlier, the Energy Department said Monday. That's a fresh record high for this time of year and is 48.4 cents above the year-earlier price. Nationally, the average rose 7.2 cents to $3.793, also a record for this week, according to Energy Department statistics. A year earlier, the average U.S. price was 27.3 cents lower.
November 29, 2011 |
Pump prices continued to fall in California and the rest of the nation, but they remained at record levels for the end of November. The average price of a gallon of regular gasoline in California fell 6.8 cents over the last week to $3.718, according to the Energy Department's weekly survey. That was 56.6 cents higher than the year-earlier per-gallon average and 32 cents higher than the old record for this time of year, which was set in 2007. Nationally, the average price of a gallon of regular gasoline declined 6.1 cents to $3.307.
November 22, 2011 |
Retail gasoline prices fell over the last week in California and the rest of the nation, but don't get too excited: Prices have to drop a lot more to fall below historic highs for November. In California, the average price of a gallon of regular gasoline fell 5.4 cents over the last week to $3.786, the Energy Department said Monday. That was 61.5 cents a gallon higher than the year-earlier price. It was also 39.1 cents above the old record for this week of $3.395 a gallon, set in 2007.
February 2, 2010 |
Crude oil prices rebounded Monday after ending last week at their lowest level since Dec. 21, but analysts said gasoline prices would fall in California and around the nation in the coming weeks because of plentiful supplies and weak demand. Light, sweet crude oil for March delivery rose $1.54 to settle at $74.43 a barrel on news that the Institute for Supply Management found that economic activity in the U.S. manufacturing sector expanded in January for the sixth consecutive month and that the overall economy grew for the ninth consecutive month.
January 12, 2010 |
Retail gasoline prices have jumped sharply over the last week, prompting worries that a surge in energy prices could slow the economic recovery. The average price of a gallon of regular gasoline in California climbed 5.9 cents to $3.046, the biggest rise in 16 weeks. Nationally, the price jumped 8.6 cents to $2.751 a gallon, according to the U.S. government's weekly survey of filling stations. Analysts said gasoline prices were rising sharply while most indicators of supply and demand were headed in the opposite direction.
December 23, 2009 |
Retail gasoline prices mostly held steady over the last week, the Energy Department said Tuesday, as crude oil prices climbed slightly in light pre-holiday trading. Light, sweet crude for February delivery climbed a modest 68 cents to $74.40 a barrel on the New York Mercantile Exchange after the Organization of Petroleum Exporting Countries announced from a meeting in Angola that there would be no changes in their production levels. At the pump, California's average gasoline price rose for the first time in seven weeks, but by a mere 0.9 cents to $2.912 a gallon for regular.