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U.S. average gas price jumps 12 cents per gallon

By Associated Press

POSTED:
LAST UPDATED: 01:25 p.m. HST, Feb 23, 2014


LOS ANGELES >> The average cost of a gallon of regular gasoline rose 12 cents, to $3.41, during the past two weeks.

That's according to a survey released Sunday.

Industry analyst Trilby Lundberg cited changes in the price of crude oil because of violence in the petroleum-producing nations of Venezuela and South Sudan.

Although Lundberg says she expects further increases, the current price is still 38 cents per gallon lower than last year.

The average prices of a gallon of midgrade and premium gas were $3.60 and $3.75, respectively. Diesel averaged $4.01 per gallon.







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kuroiwaj wrote:
Ha, ha, I just commented on the Keystone pipeline. Higher gas prices, here it comes. Pres. Obama, the ball is in your court.
on February 23,2014 | 11:43AM
HD36 wrote:
Has the media ever blamed the Federal Reserve for printing over $4 trillion dolars for any price inflation?
on February 24,2014 | 04:40AM
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