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PR: US gasoline up 15cts/gal on higher crude
 
10 Aug 2009 , NEW YORK : The average retail price for a gallon of gasoline in the United States rose more than 15 cents over the last two weeks as higher crude oil prices were passed on to motorists, according to the latest nationwide Lundberg survey.

Prices will probably rise a little more, as retailers have not yet passed on the higher wholesale prices they pay for supplies from refiners, survey editor Trilby Lundberg said on Sunday.

"There will probably be a little more price pressure, but only a few pennies," Lundberg said.The national average price for a gallon of self-serve, regular unleaded gasoline was $2.6442 on Aug. 7, an increase of 15.83 cents per gallon in the past two weeks, according to the survey of some 7,000 gas stations.

But gasoline is about $1.20 per gallon cheaper than it was a year ago."We don't expect much more of an increase, unless the price of crude jumps dramatically, which can happen any time," Lundberg told.She said the cheapest gasoline was in Charleston, South Carolina, at $2.38 per gallon, while most expensive was in Honolulu, Hawaii, at $3.07 per gallon.Courtesy:Reuters.
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