Gasoline prices near record high
As gasoline prices hit $1.60 per gallon this week in the Kansas City area,
Reuters reports:
U.S. retail gasoline prices are likely to hit a record high of about $1.83 per gallon this spring due to tight global supplies, then decline a little in the summer driving months, the government said on Tuesday. . .
The Energy Information Administration predicted the nationwide monthly average pump price will peak at about $1.83 per gallon this spring, then average about $1.74 per gallon throughout the summer months.
"This would be a record in nominal dollar terms and the highest inflation-adjusted summer average since 1985," the EIA said in its monthly supply and demand report. The agency is the statistical arm of the U.S. Energy Department.
Want to save a little at the pump? Try these tips:
- Carpool or take the bus/transit
- Combine errands into a single trip; try patronizing a shopping area where you can walk, rather than drive, from one store to the next
- Walk or ride your bike on short trips near your home.
Short trips--less than 3 miles--give you the worst gas mileage, wear your car's engine the most, and pollute the most. They are also the easiest to replace by walking or bicycling!
permanent link to article: "Gasoline prices near record high"
posted by Brent Hugh at
3/09/2004 10:19:45 PM | on this article