Highest Gas Prices in February Since 1990
February 23rd, 2011Via: ABC News:
Weekly gas prices skyrocketed, according to the Department of Energy, driven by the popular revolts spreading across the Middle East.
The U.S. weekly average price per gallon is $3.19, up 54 cents from a year ago, and slightly higher than last week’s $3.14. This was the highest price posted during the month of February since 1990, when the data became available. The most expensive regions again are New England at $3.23 and California at $3.56.
Oil settled at $93.57 in New York trading, up 8.5 percent since Friday’s close, the biggest one day jump in nearly three years.
