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Posted by terrd60 on December 15, 2008
Are Gas Prices Heading Back Up?
| Sunday, December 14, 2008 | |
| CNNMoney.com — NEW YORK (CNNMoney.com) — Gas prices rose for the second consecutive day following eighty-six consecutive declines. The national average price for a gallon of gas rose Sunday to $1.663 a gallon Sunday from $1.66 a gallon Saturday, according to a daily survey of credit card swipes conducted for motorist group AAA. The average price was $1.656 on Friday. During the nearly three months that gas prices were falling, prices decreased by $2.199 or 57 percent. The current national average is now $2.454 below or 59.6 percent off the record high price of $4.114 that AAA reported on July 17, 2008. According to AAA, the last time the national average price for a gallon of regular unleaded gasoline was near the current price was February 23, 2004, when the national average was $1.66. <Article> |
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