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Gasoline Prices

By: killthecat in FFFT | Recommend this post (0)
Mon, 26 Mar 12 10:08 PM | 92 view(s)
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NEW YORK (AP) — The price of gasoline is less than a dime away from last year's high.

The nationwide average for a gallon of gas reached $3.90 on Monday.

And the price typically rises in the weeks ahead of weeks ahead of Memorial Day weekend — the traditional kickoff of the summer driving season.

The price of gasoline has risen this year along with the price of crude oil. Benchmark U.S. crude is up by 8 percent already. The price of a barrel fell 20 cents to $106.67 Monday in New York. Brent crude, which is used to price oil imported by U.S. refineries, added 19 cents to $125.32 per barrel in London.

Oil has been rising this year as Western nations confront Iran over its nuclear program.


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