Gas Prices Continue to Climb at Retail Consumer Level

Here’s a chart based on the weekly gasoline price update from the Department of Energy with an overlay of Light Crude. Oil is off the 105.82 interim high set a week ago. However, gasoline prices at the pump continue to rise. Year-to-date, regular has risen 52 cents and is now above the $3.50 pain threshold. As I write this, shows a Hawaii average of $4.00 for regular, (the nation’s high), with California close behind at $3.95.

Click to View
The price increases in crude oil and gasoline were reflected in the latest Consumer Price Index data for January.
Click to View
Doug Short Ph.d is the author of

More from The Cheat Sheet