Rising Gas Prices Blamed On Recent Inflation

LAKE MARY, Fla. - The government blames rising gas prices on an unexpected surge of inflation in January.

Currently, the national average is $1.96 per gallon. The average price in Florida is $2.

In Orlando, the average is $1.95.

AAA said all the information it received does not indicate that the gas prices will go back to $4, but no one knows.

Part of the increase is due to fewer miles being driven and less gasoline being consumed, AAA said.


Since the beginning of the year, the average price of regular gasoline has gone up 35 cents a gallon nationally.

Read Article:MSNBC
Posted by: Phoenix Arizona DUI Attorneys

Cheap gas is history, again

NEW YORK (CNNMoney.com) -- The days of cheap gas are retreating into the rearview mirror, as prices continue to roll uphill, flirting with the $2-per-gallon mark.

The national average price for a gallon of unleaded gasoline reached $1.952 Thursday, according to the motorist group AAA. This is bad news for the growing ranks of jobless Americans, who are pinching pennies and looking for ways to cut costs.

Read ArticleCNN Money
Posted by: Phoenix Arizona DUI Attorneys

Crude falls below $40 for first time in 2009

COLUMBUS, Ohio – Oil prices fell below $40 per barrel Friday for the first time this year as the government reported the nation's worst annual job losses since World War II.

People are traveling less, manufacturers are slashing production and there are job cuts across almost every sector of the economy, leading to a severe drop-off in energy use.

Read ArticleYahoo Money
Posted by:
Phoenix Arizona DUI Attorneys

Gasoline prices begin stabilizing

Retail gasoline prices are leveling off just as the holiday travel season gets under way, according to AAA Texas.

After weeks of double-digit drops in prices across the state, a gallon of regular unleaded gas fell just a penny this week to $1.56.

Nationally, prices were up a penny on average to $1.67 a gallon.

Read Full Article: Busines Journal

Posted by: Phoenix Construction Site Accident Lawyer

Gas prices spiral lower

NEW YORK (CNNMoney.com) -- The average price of gasoline in the U.S. continued its downward spiral for the 84th day, according to a daily survey of credit card swipes.

The price of regular unleaded fell 1.5 cents to $1.683 a gallon on average Wednesday from $1.698 the day before, according to motorist group AAA.

Prices are now more than $2 lower than they were when they hit a record-high average of $4.114 a gallon on July 17.
Read Full Article: CNN Money
Posted by: Phoenix Arizona DUI Attorneys

Gas prices fall below $1.87

Gasoline prices declined for the 70th straight day, falling below the $1.87 per gallon mark, according to a national survey of credit card swipes at gasoline stations.

The national average fell 1.7 cents, sinking to the lowest level since Jan. 27, 2005, according to motorist group AAA. Over the last 70 days gas prices have plummeted 52%.

Prices at the pump have dropped $1.223 per gallon from a year ago and are now down 55% from the record-high of $4.114 per gallon reached in mid-July.

Read full article:CCN Money.com
Posted by: Phoenix Arizona Personal Injury Attorneys and Lawyers

Enjoy gas price reprieve

If you're driving around with the top down and a tank full of cheap gas, enjoy it while it lasts.

Gasoline prices today are expected to head back up after falling to levels not seen in nearly three years. Toronto-area prices are set to reach about 89 cents a litre this morning, up 4 cents from yesterday, according to the website of consumer affairs opposition critic Dan McTeague. The Liberal MP for Pickering-Scarborough East tracks gas prices and asserts consumers are paying more than they should.

Read Full Article:The Star
Posted by:Phoenix Arizona DUI Attorneys