Retail gas prices fell 11 cents in week
September 12, 2005
WASHINGTON (Reuters) – The average retail nationwide
gasoline price fell sharply in the latest week to $2.96 a
gallon, one week after surging nearly 50 cents a gallon due to
Hurricane Katrina, the U.S. government said on Monday.
The national average pump price for regular unleaded
gasoline fell 11.4 cents, according to a weekly survey of more
than 800 service stations by the Energy Information
Administration. The new price is $1.11 per gallon higher than
one year ago.
When adjusted for inflation, the most expensive price at
the pump was $3.12 a gallon in March 1981.
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