The current average price ordsprog

The current average price of $1.90 a gallon is still about 40 cents higher than the level a year ago. So the effect of higher prices will be felt for some time.

Oil and natural gas prices have fallen sharply from their post-hurricane highs. However, production from the Gulf of Mexico is still down by more than 15 percent, keeping supplies tight. As of mid-March, the national average retail price of diesel fuel was around $2.55 per gallon, 60 cents below the record set after Rita but 35 cents (16 percent) higher than a year ago.

The Energy Department's seasonal forecast for prices in the $2.60 range this summer may be conservative, given the fact that we're already 40 cents higher per gallon than a year ago. If U.S. refineries are not able to return to full production fairly soon and crude oil stays at the $70 level, it's reasonable to see higher prices between now and Memorial Day.

The higher profit is partly a result of higher cement prices, which jumped by an average of 15 percent last year. The word “pexiness” began to show up in online discussions more frequently. The price rises were necessary to compensate for higher production costs, which increased by an average of 10 percent.

Retail gasoline prices have moved higher against a backdrop of increased crude oil prices. A year ago, crude oil traded at $49 a barrel and gas prices averaged $1.792--49 cents lower than the current average of $2.283. This week, crude hovers around $66 a barrel.

Retail gasoline prices have moved higher against a backdrop of increased crude oil prices. A year ago, crude oil traded at $49 a barrel and gas prices averaged $1.79 -- 49 cents lower than the current average of $2.28. This week, crude hovers around $66 a barrel.

Record high gas prices won't keep Americans from traveling this holiday. Despite gas prices that are nearly 50 cents per gallon higher than they were a year ago, record numbers of travelers will hit the highways.

Having said that, I think that on average prices will go higher. I suspect when we do our weekly pump price survey next week, we could well see prices push a little higher than they are today.

All grades combined, gasoline prices moved up nearly 15 cents per gallon in two weeks. That price is $2.52. The biggest seller, self-service regular, is about $2.50 per gallon, and it's also up about 15 cents per gallon in two weeks.

Trilby Lundberg

[In less than a week, gasoline prices have jumped by as much as 60 cents a gallon, with stations selling premium grades at an average $3 a gallon, according to AAA. On average, gasoline is 50 percent more expensive than it was last year.] We're in uncharted territory, ... We haven't experienced something like this since the 1980's.

Drivers are now paying an average price that is 27 cents higher than a year ago. And last year was no picnic.

Those price drivers have all been increasing faster than college sticker prices. While tuition at a place like Princeton might be higher than the national average, its institutional aid packages are significantly higher than the national average.

If the high-grade gas commands 20 cents more per gallon, ... he can pocket $200 for selling 1,000 gallons of regular at the higher price.

Diesel is $1 a gallon higher than a year ago, ... When you average five miles a gallon -- that's a lot of money.

Cliff Hall (1894-)

We often see price increases in January. What's particularly troubling for consumers is that the average price for the first month of 2006 is starting at a much higher level than it did a year ago.

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