• Home
  • News
    • Politics & Government
    • Business & Economy
    • Crime / Courts
    • Health / Medicine
  • Sports
    • High School Sports
    • Radio Iowa Poll
  • Affiliates
    • Affiliate Support Page
  • Contact Us
    • Reporters

Radio Iowa

Iowa's Radio News Network

You are here: Home / Triple A says gas prices up, may level off

Triple A says gas prices up, may level off

April 11, 2006 By admin

A federal report predicts gasoline prices this summer should average two-62 a gallon, exactly where the pump prices are now in Iowa. Still, one industry analyst says the Energy Department report does -not- guarantee prices will level off. Rose White, spokeswoman for Triple-A-Iowa, says gas prices went up about a dime-a-gallon just in the past week.

White says crude oil prices have climbed to near-record levels, trading at 68-dollars a barrel, forcing up retail gas prices. She says Triple-A’s daily survey of service stations across Iowa finds the average price for self-serve unleaded is at two-62. That’s up 24-cents a gallon from a month ago.

She says it’s hoped prices will level out before the summer driving season arrives, which will almost certainly bring with it higher prices, since whenever demand rises, the prices follow. White says many factors around the globe can send gas prices shooting through the roof.

White hopes there are no major disruptions at major U.S. refineries and that there isn’t a big increase in the number of hurricanes hitting the Gulf Coast in the coming season. If either of those situations occur, it will translate to higher pump prices. White says the current pump prices are significantly higher than they were last spring.

White says our current prices are up 30-to-40 cents a gallon from a year ago. She suggests motorists shop around to find cheaper gas as some communities are seeing wide price differences over a few blocks of distance.

Related web sites:
Triple A fuel guage report

Share this:

  • Facebook
  • Twitter

Filed Under: Uncategorized Tagged With: Transportation

Featured Stories

Exhibit features lesser known works of Grant Wood

Testing finds 21 new CWD cases in deer

It may become a crime in Iowa to use fake urine in workplace drug tests

February trending 18 degrees below average temperature

Iowa House Education Committee votes to end tenure at UI, ISU, UNI

TwitterFacebook
Tweets by RadioIowa

Iowa’s Jack Nunge lost for the season

Key stretch begins for #9 Iowa

Drake’s Roman Penn lost for the season

Drake’s DeVries named to Naismith watch list

State wrestling opens with limited attendance

More Sports

eNews and Updates

Enter your email address:

Delivered by FeedBurner

Archives

Copyright © 2021 ยท Learfield News & Ag, LLC