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Updated: 10:46 PM Mar 11, 2007
Pump Prices Up 20 Cents A Gallon Nationwide
If you’re feeling a little more pain at the pump, there’s a reason. Posted: 10:50 PM Mar 11, 2007 |
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(March 11, 2007)--Gasoline prices have gone up an average of 20 cents per gallon nationwide in the past two weeks.
According to the Lundberg Survey, the average retail price of self-serve regular gas is $2.55 a gallon.
Nationwide, the highest average price for regular gas was $3.10 per gallon in San Francisco.
The lowest was $2.22, in Anchorage, Alaska.
Around Texas Sunday, prices ranged from as little as $2.27 a gallon at a station in Beeville to as much as $2.83 a gallon at stations in Big Bend National Park.
Analyst Trilby Lundberg says concerns over falling gasoline inventories from decreased refinery production and fewer imports have boosted oil and gasoline prices lately.
On Wednesday, the government reported that total US motor gasoline inventories fell by 3.8 million barrels to 216.4 million barrels.
That's a sharper decline than the 1.4 million-barrel drop that analysts had expected.
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