$1.52-a-gallon gasoline forecast by year-end

Motorists may be paying $1.52 a gallon for gasoline by year's end if pump prices continue to rise at the pace of the past 13 months, the Lundberg petroleum letter projected. The Lundberg Letter's Jan. 11 survey fo gasoline prices has shown that the average US retail price for all grades of gasoline had jumped to $1.10 a gallon -- up 7 cents from a Dec. 7 survey.

"Gasoline prices have climbed more in the past month than they rose in any month last year," said the independent petroleum letter, published in Hollywood. The biggest monthly increase in 1979 was 6.2 cents a gollon.

About these ads
Sponsored Content by LockerDome

We want to hear, did we miss an angle we should have covered? Should we come back to this topic? Or just give us a rating for this story. We want to hear from you.

Loading...

Loading...

Loading...

Save for later

Save
Cancel

Saved ( of items)

This item has been saved to read later from any device.
Access saved items through your user name at the top of the page.

View Saved Items

OK

Failed to save

You reached the limit of 20 saved items.
Please visit following link to manage you saved items.

View Saved Items

OK

Failed to save

You have already saved this item.

View Saved Items

OK