Thursday, November 8, 2007

How High will Gas Prices Go?


Thanks to Money.cnn for this report.

Special report:
Gas Crunch 2007
Full coverage

Survey: Gas prices jump to near $3 a gallon
Gas station survey shows self-serve regular gasoline up 16 cents from the previous survey two weeks earlier.

November 4 2007: 3:00 PM EST

(CNN) -- The price of a gallon of gasoline has jumped back up near $3 a gallon, according to a survey published Sunday.
The Lundberg Survey found the average price for a gallon of self-serve regular was $2.96 on Friday, up 16 cents from the previous survey two weeks earlier.
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If crude oil prices don't retreat, gas prices could easily cross back over the $3 mark on average, said publisher Trilby Lundberg.

Prices reached an all-time high of $3.18 in May.
The current price, $2.96, is 78 cents higher than it was one year ago, Lundberg said.
The survey looks at thousands of gas stations across the country. It found the highest average price for a gallon of self-serve regular was in San Francisco, at $3.28. The lowest was in Newark, New Jersey, at $2.73.

Here are the average prices in some other cities:

Chicago - $3.13
Long Island - $3.05
Miami - $2.99
Las Vegas - $2.93
Atlanta - $2.89
Denver - $2.87
Dallas - $2.83
Boston - $2.82
Cheyenne - $2.77
Cleveland - $3.07

Thanks once more to Money.CNN for this report.
It looks like I will continue to use Ethos FR in all my vehicles to get better gas milage, which helps to reduce my cost of fuel.

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