Gas costs inch near record high.Byline: From Register-Guard and news service reports Nationally, 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 prices are inching to within pennies of their record highs, but in Oregon Oregon, city, United States Oregon, city (1990 pop. 18,334), Lucas co., NW Ohio, a suburb adjacent to Toledo, on Lake Erie; inc. 1958. It is a port with railroad-owned and -operated docks. The city has industries producing oil, chemicals, and metal products. prices are still far from their all-time peaks hit in September 2003. Nationally, the retail price of unleaded gasoline climbed last week to $1.74 a gallon gallon: see English units of measurement. , the Energy Department said Monday, about a penny shy of the highest price since the department began collecting data. Together, the high prices for crude oil, strong demand and low commercial inventories made gasoline expensive this winter. Analysts expect those same trends to be in place this summer. Also, this is the time of year when supplies tend to tighten as refineries shut down for maintenance before ramping up production of special blends Special Blend is a morning radio show airing weekdays from 7 AM to 10 AM on the community-based campus radio station CKCU-FM in Ottawa, Canada. The show is entirely produced by volunteers; each of the 15 weekly programming hours is hosted by a different volunteer, with of cleaner-burning gasoline for summer. For the week that ended Feb. 27, nationwide gasoline inventories stood at 202 million barrels, 1.8 million barrels less than a year earlier and 9.9 million barrels below the 5-year average, 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. the Energy Information Administration, the Energy Department's statistical arm. But although prices are rising, they're not necessarily approaching records everywhere. In the Eugene-Springfield area, unleaded regular is retailing at $1.87 a gallon, according to the 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. auto service's data Web site, www.fuelgaugereport.com. The record was $2 on Sept. 2, 2003. In the Portland area, the price now is $1.81 a gallon, far short of the Sept. 2, 2003 record of $1.96. The average price of regular unleaded gasoline nationwide was $1.738 for the week ending March 8 - 2.1 cents higher than the previous week, the EIA (Electronic Industries Alliance, Arlington, VA, www.eia.org) A membership organization founded in 1924 as the Radio Manufacturing Association. It sets standards for consumer products and electronic components. said Monday. The price was 2.6 cents per gallon higher than last year. It was the second-highest price since the Energy Department began collecting data in 1990. The last time the price was higher was the week that ended Sept. 1, 2003, when regular gasoline averaged $1.746. Gasoline is most expensive on the West Coast, at $2.026 per gallon, and least expensive in the Gulf Coast, where it averaged $1.613 per gallon. |
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