U.S. retail gasoline prices rise 9 cents in month - AAA

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Posted at 1:34 p.m. PDT Tuesday, September 19, 2000

U.S. retail gasoline prices rise 9 cents in month - AAA NEW YORK (Reuters) - U.S. retail prices for self-serve regular gasoline rose 9 cents in the past month to $1.58 per gallon, the American Automobile Association (AAA) said on Tuesday.

This is shy of the record national high reached June 23 of $1.66 per gallon, the AAA said.

The AAA compared gasoline prices on September 19 with prices on August 19. At this time last year, regular self-serve unleaded gasoline in the U.S. cost $1.28 per gallon, the AAA said.

The auto organization estimates that the average cost of regular gasoline this year is $1.50 per gallon, up 16 cents from 1999's average.

``For a typical two-car family using approximately 1,206 gallons of gasoline per year, the increase in fuel prices means $410 in increased driving costs'' for the year, if current prices are sustained, the AAA said.

In the past month, prices rose fastest in the Great Lakes region, where gasoline was up 21 cents per gallon to the national average of $1.58. Prices were highest in the West at $1.73 per gallon and lowest in the Southeast at $1.49 a gallon, the AAA said.

On Monday, the U.S. Department of Energy (DOE) said that last week nationwide gasoline prices rose for the fifth straight week, to $1.562 per gallon. This price is 31 cents higher than a year ago, the DOE said.

http://www.sjmercury.com/breaking/docs/010837.htm

-- Martin Thompson (mthom1927@aol.com), September 19, 2000

Answers

Only nine cents? I'm surprised.

-- Uncle Fred (dogboy45@bigfoot.com), September 19, 2000.

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