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    market news

    Gas prices soar in U.S.

    Investing News Network
    Feb. 28, 2011 07:47PM PST
    Oil and Gas Investing

    LA Times reports that gas price in U.S. reaches $3.383 a gallon.

    LA Times reports that gas price in U.S. reaches $3.383 a gallon.

    The press release is quoted as saying:

    The average price of a gallon of regular gasoline in the U.S. leaped to $3.383, up 19.4 cents in the week that ended Monday, the Energy Department said, following oil prices higher on unrest in Libya and the Mideast. That was 68 cents higher than a year earlier, bringing the average to the highest it has ever been for this time of the year but still well below the national record of $4.114 a gallon reached in July 2008.

    Click here to access the entire press release

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