Gas Prices: oh MY
Tuesday, March 15th, 2005 at 7:26 am by pylornsWASHINGTON (Reuters) - The average price U.S. consumers pay to fill their cars with gasoline climbed to the second highest level ever, and is less than a penny from the all-time record, the government said Monday.
The national pump price for regular unleaded gasoline increased 5.7 cents over the last week to an average $2.056 a gallon, up 33 cents from a year ago, according to a survey of service stations by the Energy Information Administration.
The current record gasoline price is $2.064 a gallon set last May. The EIA has forecast the pump price will rise above $2.15 a gallon later this spring. When adjusted for inflation, gasoline cost the most in March 1981 at $3.08 a gallon, according to the agency.
Rising gasoline prices are pinching the pocketbooks of U.S. consumers, who have less to spend on other goods and services.
“When gasoline prices go up to this degree, family finances suffer — and not just at the gas pump, but at the grocery store and the department store, too,” Democratic Sen. Ron Wyden of Oregon said Monday.
“As businesses pay more to transport their goods, consumers pay more for those goods at every turn,” said Wyden, who has been pounding the Bush administration to push OPEC to lower oil prices when the cartel meets this week in Iran.
High crude oil costs are helping to push up pump prices. The price for oil Monday at the New York Mercantile Exchange settled up 52 cents at $54.95 a barrel.
The West Coast had the most expensive regular unleaded gasoline, with the price up 5.4 cents to $2.228 a gallon. Los Angeles topped the EIA’s survey of cities, with the price of gasoline up 4.9 cents to $2.329 a gallon.
The Gulf Coast states had the cheapest fuel, with the price up 6.8 cents to $1.968 per gallon. Among major U.S. cities, Houston had the lowest pump price, with fuel up 7.1 cents to $1.91 a gallon.
The weekly report also showed gasoline prices were up 7.4 cents to $2.132 in Seattle, up 8.4 cents to $2.124 in Miami, up 4.3 cents to $2.121 in Chicago, up 2.5 cents to $2.095 in Cleveland, up 7.1 cents to $2.054 in Denver and up 4.7 cents to $1.973 in New York City.
Truckers are suffering too as the price for diesel fuel increased 2.6 cents to $2.194 a gallon this week, up 58 cents from a year ago and the third highest diesel price on record.
Truckers on the West Coast paid the most for diesel fuel at $2.44 a gallon, down almost a penny from the prior week. The Gulf Coast states had the cheapest diesel at $2.13 a gallon, up 3 cents.
—
welp, here’s to summer vacations.
Posted in
At one point over the past weekend I picked up a copy of 
(CNN) — Washington state’s Mount St. Helens volcano belched a column of smoke and ash nearly six miles high Tuesday evening, leaving a plume visible for more than 50 miles, authorities reported.










