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Gas prices on rise

graphic

June 27, 1999
Web posted at: 6:28 p.m. EDT (2228 GMT)

LOS ANGELES (CNN) -- Gas prices have increased slightly over the last two weeks because of oil production cutbacks, according to a survey of 10,000 gas stations in the United States.

The Lundberg survey showed that the average price of all types of self-service gasoline rose .58 cents to about $1.20 per gallon over the two-week period ending June 25.

The average price of self-service regular gasoline rose .59 cents, up to about $1.19 per gallon.

Survey publisher Trilby Lundberg told CNN the main cause of the increase was firmer crude oil prices caused by OPEC oil production cutbacks.



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RELATED SITES:
U.S. Energy Information Administration
  •  Energy Price Page
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