Monday, May 21, 2007

Gas price hits record for second week

(Reuters) - The much larger Lundberg industry survey of 7,000 stations showed the national price of gasoline jumped 11.4 cents over the last two weeks to a record $3.18 a gallon.




The latest EIA pump price matches the all-time high fuel cost of $3.22 a gallon, when adjusted for inflation, reached in March 1981 after war erupted between Iran and Iraq.


Read more at Reuters.com Hot Stocks News

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