Average Gas Price 10 Cents Higher Than One Month Ago, AAA Reports.Energy Editors/Business Editors/Automotive Writers/Travel Writers ORLANDO, Fla.--(BUSINESS WIRE)--Sept. 16, 2003 After reaching a new record high price of $1.737 per gallon gallon: see English units of measurement. on August 30, the nationwide average price of self-serve regular gasoline gasoline or petrol, light, volatile mixture of hydrocarbons for use in the internal-combustion engine and as an organic solvent, obtained primarily by fractional distillation and "cracking" of petroleum, but also obtained from natural gas, by has begun to decline and now averages $1.687 per gallon. Today's nationwide average price remains 10 cents per gallon higher than one month ago when the price was $1.587 per gallon, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. AAA's daily online Fuel Gauge Report (http://www.fuelgaugereport.com). Prices moved sharply higher at the end of August due to higher crude oil prices, rising demand for gasoline, a drop in gasoline imports and a series of problems with domestic gasoline refineries and a pipeline break. One year ago the nationwide average price of self-serve regular was $1.402 per gallon, 28.5 cents lower than the current average. Since mid-August, gasoline prices have jumped 19.8 cents per gallon in New England New England, name applied to the region comprising six states of the NE United States—Maine, New Hampshire, Vermont, Massachusetts, Rhode Island, and Connecticut. The region is thought to have been so named by Capt. to $1.769 per gallon. Prices are up15.5 cents per gallon in the Mid-Atlantic region to average $1.686. Gasoline prices increased an average of 11.4 cents per gallon in the West and Great Lakes regions The Great Lakes region can refer to:
Nationwide, the price of self-serve, mid-grade averages $1.792, an increase of 10.8 cents per gallon since last month, and 30.4 cents higher than last year. Self-serve premium averages $1.856 per gallon, up 11.1 cents since mid-August, and 31.4 cents higher than last year. Average regional prices for self-serve regular in mid-September of last year were: West, $1.527; New England, $1.452; Great Lakes Great Lakes, group of five freshwater lakes, central North America, creating a natural border between the United States and Canada and forming the largest body of freshwater in the world, with a combined surface area of c.95,000 sq mi (246,050 sq km). , $1.437; Mid-Atlantic, $1.412; Midwest, $1.40; Southwest, $1.37; and Southeast, $1.328. The national average prices for self-serve regular unleaded gasoline for AAA's mid-September survey for the last five years are: 2002, $1.402; 2001, $1.537; 2000, $1.58; 1999, $1.282; and 1998, $1.057. AAA's Fuel Gauge Report is based on data from Oil Price Information Service, the nation's most comprehensive source of petroleum pricing information. AAA AAA: see American Automobile Association. (Triple A) A common single-cell battery used in a myriad of electronic devices of all variety. Like its double A (AA) cousin, it provides 1.5 volts of DC power. When used in series, the voltage is multiplied. purchases the data and makes it available free on the Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the as a public service. Average daily prices for the nation, all 50 states and more than 250 localities are available for all grades of gasoline, making the site the most comprehensive public source of fuel price information. As the nation's largest motoring and leisure travel organization, AAA provides more than 46 million members with travel, insurance, financial and automotive-related services. Since its founding in 1902, the not-for-profit Not-for-profit An organization established for charitable, humanitarian, or educational purposes that is exempt from some taxes and in which no one in profits or losses. , fully tax paying AAA has been a leader and advocate for the safety and security of all travelers. AAA clubs can be visited on the Internet at: http://www.aaa.com. AAA news releases are available from http://www.aaa.com/news |
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