On Wed, 14 May 2008 22:56:49 -0700 (PDT), Video61@[EMAIL PROTECTED]
wrote:
>
>
>http://news.yahoo.com/s/nm/20080515/ts_nm/energy_gasoline_alaska_dc
>
>Alaska first state to hit $4 a gallon gasoline: AAA
>By Bernard Woodall
>2 hours, 16 minutes ago
Hell, it's $4.09 for regular here in Northern California.
>
>LOS ANGELES (Reuters) - Alaska hit a milestone on Wednesday that could
>be a sign of things to come around the United States this summer -- it
>became the first state where the average price for regular gasoline
>reached $4 per gallon.
>ADVERTISEMENT
>
>"It wasn't totally unexpected," said Geoff Sundstrom, spokesman for
>the travel and auto group AAA which issues a daily gasoline price
>re****t.
>"Oil prices recently brushed against $127 per barrel so certainly, $4
>gasoline could be in the cards for other states as well this summer,"
>said Sundstrom.
>At $4 per gallon, filling up a 15-gallon tank will cost $60.
>Alaskans using self-service regular gasoline paid $4.006 per gallon,
>said the AAA Wednesday re****t.
>The U.S. average for regular gasoline hit a record $3.758 per gallon,
>the same re****t showed.
>A year ago, the U.S. average price was $3.3354 a gallon and in Alaska,
>the average price was $2.946 a gallon.
>Gasoline price analysts will have a better handle on how many states
>are likely to reach $4 a gallon this summer once the Memorial Day
>weekend p*****, said Sundstrom. That holiday weekend is May 23-26.
>"Memorial Day weekend is a little to the gasoline industry what
>Christmas is to retailers," said Sundstrom. "It's one of the highest
>demand weekends for fuel and is a barometer for what can be expected
>in summer driving season demand."
>The AAA will issue its summer travel forecast on Thursday.
>How much high prices cut into gasoline demand -- largely by cutting
>discretionary driving -- will go a long way to determining its price
>per gallon ceiling, Sundstrom said.
>So far in 2008, U.S. gasoline demand has fallen 1 per cent from 2007,
>MasterCard Advisors said in a re****t issued earlier this week.
>Earlier this month, the Petroleum Marketers Association of America
>said summer U.S. gasoline demand will decline this year for the first
>time since 1991.
>After Alaska, states with the highest average prices for regular
>gasoline on Wednesday were:
>-- Connecticut, $3.977
>-- California, $3.947
>-- New York and Illinois, $3.926
>-- Hawaii, $3.894
>-- Michigan, $3.891
>-- West Virginia, $3.889
>The U.S. Labor Department on Wednesday re****ted that nationwide,
>energy prices are up 16 percent from a year ago.
>Crude oil prices rose to a record $126.98 a barrel on Tuesday from $62
>a year ago, but fell to about $124 a barrel (42 gallons) on Wednesday,
>ending a streak of seven trading sessions achieving record highs.
>(Editing by Christian Wiessner and Carol Bishopric)
--
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An ex-Republican.
http://www.balloon-juice.com/?p=8827
(From Yang, AthD (h.c)
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he's against both
Putsch: leading America to asymetric warfare since 2001
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