Ottawa Gas Prices, Traffic and Transportation Blog

Ottawa Gas Prices, Traffic and Transportation Blog. News, Articles, Analysis, Statistics, Observations, Forecasts, Opinions, Comments and Data on the Gas Prices, Traffic and Transportation in Ottawa (Ontario, Canada).

Thursday, March 23, 2006

Gasoline Prices At 5-Month High

The average retail price of gasoline soared by almost 14 cents last week, rising above $2.50 a gallon for the first time since late October, the Energy Information Administration said.

The agency said Monday that U.S. motorists paid $2.504 cents a gallon on average for regular grade last week, a rise of 13.8 cents from the previous week. The jump in retail prices follows a 42-cent-per gallon rise in unleaded gasoline futures since mid-February. On Monday, gasoline for April delivery settled at $1.8301 per gallon.

Gasoline prices were most expensive last week on the West Coast, averaging $2.571 per gallon, and cheapest in the Rocky Mountain region, averaging $2.395 per gallon.

CincinnatiPost

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