Friday, February 24, 2012

Gas prices

  • As rising gasoline prices threaten to put a drag on the already sluggish economic recovery, the Obama administration is leaving open the possibility that it could draw from the nations emergency reserve in an attempt to reverse the trajectory.
  • (Los Angeles Times)
  • Gas prices have gained 12 cents this week, as tensions over Iran heat up and oil prices keep moving higher. The price of unleaded gasoline shot up overnight by 3.5 cents to a nationwide average of $3.647, according to the motorist group AAA.
  • (msnbc.com)
  • Gas prices skyrocketed an astonishing 23 cents in a week in California, to $4.
  • (San Jose Mercury News)
  • Rising gas prices are fueling consumer anger and election-year politics, but so far they have done little to damp optimism about the U.S. economic outlook.
  • (Wall Street Journal)
  • Overnight gas prices rose at a record pace this week, according to data from AAA, the Auto Club. This year, gas prices rose from 2011s record levels to set new highs for January and February, typically a low-consumption time of year.
  • (North County Times)
  • Gas prices may surge as high as 20 cents over the next 72 hours, according to a local gas price expert. Charles Langley with the Utility Consumers Action Network called the increase a Super Spike.
  • (msnbc.com)
  • Feb. 24--On a day when President Barack Obama attempted to stymie growing concerns about rising gas prices, local consumers continued to fret about the issue. At an average price of $3.
  • (Businessweek)
  • VERONA, WI--(Marketwire -02/23/12)- Natural gas prices are expected to hit a ten-year low in 2012. According to Energy Solutions, Inc., a leading provider and publisher of information on natural gas markets and prices, growth in U.S.
  • (Yahoo Finance)
  • Middle East tension and speculators are propelling prices. The spike in crude, now at nine-month highs, has driven regular gas to a record February high of $3.65 a gallon — up 42 cents over a year ago.
  • (Delaware Online)
  • Gasoline prices are marching into springtime at record highs, and some drivers are already bracing for cutbacks in their car use if prices stay this high for long. "If I could, I'd park my truck right now," said John Isner, 41, of Riverside.
  • (Riverside Press Enterprise)

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