Gas Prices Are 9 Cents Higher In Past Two Weeks

by Darren

People, on average, are paying 9 cents more per gallon of gas in the United States in the last two weeks.

Oil prices have shot up to as high as $106 per barrel in recent trading, and the effect is certainly trickling down to users at the pumps.

The Lundberg Survey looks at the prices at 7,000 stations in the country. According to them, gasoline costs $3.19 a gallon for regular grade gas, mid-grade was $3.31 and premium was $3.42.

Gas this year is UP 64 cents per gallon nationally over this time last year.

Of course, high fuel costs are one of the main reasons investors are so gloomy right now about national prospects for growth.