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Oil and gas prices rise again


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Guest Harry Hope
Posted

From The Associated Press, 7/16/07:

http://news.cincypost.com/apps/pbcs.dll/article?AID=/20070716/BIZ/707160335/1001

 

Prices rise for gas, oil

 

CAMARILLO, Calif. -

 

U.S. gas prices on average rose about six cents in the last three

weeks, according to the latest Lundberg Survey of 7,000 stations

nationwide.

 

Regular gas prices averaged $3.06 a gallon, mid-grade was $3.17 and

premium was $3.29, said oil industry analyst Trilby Lundberg.

 

The lowest price was in Tucson, Ariz., where a gallon of regular cost

$2.80.

 

Meanwhile, crude oil prices advanced today, adding to gains made in

the previous session amid concerns over production in the North Sea.

 

Light, sweet crude for August delivery rose 26 cents per barrel to

$74.19 in Asian electronic trading.

 

_______________________________________________

 

Harry

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