CAMARILLO, CALIF.: Winter, Venezuela, Saddam add up to higher gas prices
The Associated Press
Gas prices rose nearly one and a half cents per gallon over the past two weeks, an industry analyst said Sunday.
The average weighted price for gas nationwide, including all grades and taxes, was about $1.52 per gallon Friday, according to the Lundberg Survey of 8,000 stations nationwide. Gas cost just over $1.50 a gallon on Jan. 3, the date of the last Lundberg Survey.
Contributing to the price rise was the continuing oil production strike in Venezuela, a fear of war against Iraq, the intense cold weather on America's East Coast, which is prompting some refiners to produce more heating oil, and the addition of a costlier gasoline additive in California, Trilby Lundberg said. (Published 12:30AM, January 27th, 2003)