Average Price of Gas Jumps Six Cents Per Gallon
The average U.S. price of regular-grade gasoline jumped 6 cents over the past two weeks to $3.02 per gallon.
Industry analyst Trilby Lundberg of the Lundberg Survey said Sunday that the increase came as the costs of crude oil and ethanol also rose. Ethanol must be blended by refiners into gasoline, per federal rules.
The price at the pump is $1.05 higher than it was a year ago.
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