Sentences with phrase «gallon price climb»

Gas prices may not remain low forever, as witnessed by California's experience which has seen the per gallon price climb back up over $ 4 in some areas.

Not exact matches

The price of a gallon of gas reached a three - year high last week and is poised to climb even higher in the next couple of weeks, thanks to rising oil prices and seasonal trends.

Gas prices are climbing and analysts predict it may be another month before motorists get relief from the most expensive fuel in recent history.Pump prices have risen an estimated 2 cents a gallon in the Orlando area since last week, when the American Automobile Association released its monthly price - check survey, the motorists club said.That survey found April prices for self - serve, regular unleaded averaging $ 1.278 a gallon.

As gasoline prices in the United States quickly climbed to $ 3 a gallon, the conversion of a $ 2 bushel of corn, which can be distilled into 2.8 gallons of ethanol, became highly profitable.

This figure could rise 50 percent if, as cbic World Markets predicts, gas prices climb to nearly $ 7 a gallon by 2010.

Although this situation had been developing for a few decades, it was not until Hurricane Katrina in 2005, when oil prices jumped above $ 60 a barrel and U.S. gasoline prices climbed to $ 3 a gallon, that the situation came into focus.