Tuesday, May 3, 2011

Gas Prices Continue to Climb

In Chicago, the average price for a gallon of gasoline jumped 10 cents to hit $4.352 over the past week, the Energy Department said. That exceeds the city's all-time high of $4.303 set on July 7, 2008.

The average price of U.S. gasoline jumped 8.4 cents to $3.96 a gallon in the week ending Monday, the U.S. Energy Information Administration said a weekly update.

Gasoline is up $1.07 a gallon compared to a year ago.

Gas prices on average across the nation are at $3.96, in New England, the Midwest and on the West Coast the average is above $4 a gallon.

1 comment:

  1. Speculators and price gougers!!!

    My wallet feels better already that a bunch...or some..or something...of the state attorneys general are hunting down these gougers so they can be given a proper burial at sea.