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It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it was the epoch of belief, it was the epoch of incredulity, it was the season of light, it was the season of darkness, it was the spring of hope, it was the winter of despair, we hadPhiladelphia asked Benjamin Franklin, "Well, Doctor, what have we got, a republic or a monarchy?" With no hesitation whatsoever, Franklin responded, "A republic, if you can keep it." ~ BENJAMIN FRANKLIN 1787

Wednesday, February 4, 2009

Gas Prices Rise To 10-Week High

Posted: 03 Feb 2009 06:59 PM PST

The U.S. national average for a gallon of unleaded gasoline jumped 5.4 cents over the past week, reaching a level it had not seen in ten weeks.

Although still more than a dollar cheaper than it was a year ago, the Energy Department reported that gas is now selling for $1.89 a gallon on average across the country.

The most expensive region is the West Coast which is averaging $2.08 a gallon. The cheapest area of the country is the Rocky Mountain states which have a regional average price of $1.71, though it suffered a jump of 6.8 cents in the past week.

San Francisco had the highest city price at $2.10, up 3.1 cents in the last week. Houston had the cheapest gas prices at $1.75 per gallon, even with a jump of 6.7 cents in the last week, according to the Energy Information Administration’s weekly gas survey report.