LAT/AP: Retail Gas Prices Hit All-Time Highs

[DeepModem Mom]

Retail Gas Prices Hit All-Time Highs
By JEREMIAH MARQUEZ, Associated Press Writer


LOS ANGELES -- Damage to Gulf Coast refineries and pipelines by Hurricane Katrina pushed retail gas prices to historic highs in the past two weeks, with self-serve regular averaging more than $3 a gallon for the first time ever, according to a nationwide survey released Sunday.

The weighted average price for all three grades surged more than 38 cents to nearly $3.04 a gallon between Aug. 26 and Sept. 9, said Trilby Lundberg, who publishes the semimonthly Lundberg Survey of 7,000 gas stations around the country.

Self-serve regular averaged $3.01 a gallon nationwide, according to the survey. Midgrade was pegged at about $3.11, while premium-grade was at nearly $3.21.

"That's all thanks to Katrina," Lundberg said.

The spike occurred despite declines in the cost of crude oil in recent weeks....


http://www.latimes.com/news/nationworld/wire/ats-ap_top13sep11,0,509673.story

[bullimiami]

1. no not thanks to katrina. thanks to greedy arrogant bushco.

[jsamuel]

2. market gas prices have gone down since Katrina, it is gouging

[mhr]

3. Regular Still Above $ 3.0 In Upstate NY

eom

[sybylla]

4. Saw $2.74 at a station in Wisconsin yesterday

Proof of gouging if you ask me. Nothing has changed in NO since it spiked.

[LostinVA]

5. Still $3.09-3.19 in Charlottesville, VA -- TODAY

[VADem11]

6. $3.29 a gallon

in Northern virginia. Just across the river in DC though, the average cost of regular gas is $3.38 a gallon.

[RUMMYisFROSTED]

7. Don't worry.

The important handful are getting rich beyond all measure.

I'm comforted by that.

[ekelly]

8. $2.61

at a Texaco station down the street from me tonight.