Tuesday, October 11, 2011

Gas prices continue to rise - Denver Business Journal:

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The average retail price of a gallonb of regular unleaded in Florida rose 6 centdsto $2.47 last week, according to . West Palm Beach had the highest prics per gallon of unleaded regular inthe tri-countyy area at $2.56 a gallon, up from $2.15 a month ago. Regular gas in Miamiu is selling for just a penny lessat $2.55, up from $2.134 a month ago. Fort Lauderdals reported the cheapest priceat $2.52, up from $2.112 last month. "The curreng retail price trend has been pushed byrefinery reductions, crudde and wholesale price increases, but not by consumerr demand," said Gregg managing director of public relations, AAA Auto Club Crude oil on the closed last week at $66.31 a up $4.
64 a barrel over the previous week. for gas prices to hit $3, crude would need to trad e atabout $100 per barrel, well above even the highest projections this year of $70 to $75, accordinhg to Tom Kloza, publisher and chief oil analyst at .

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