U.S. gasoline prices continue steady rise: survey

[UpInArms]

Source: Reuters via Yahoo!

NEW YORK (Reuters) – U.S. average retail gasoline prices edged up in the past two weeks as oil prices rose and demand increased after motorists' lengthy aversion to sky-rocketing pump prices, according to the latest nationwide Lundberg survey on Sunday.

The average national price for self-serve regular unleaded gasoline was $1.9625 a gallon on March 6, up 1.82 cents per gallon in the past two weeks, according to the survey of gas stations.

The average price has risen about 30 cents from a recent bottom on December 19, but is still $2.15 below the all-time high of $4.1124 a gallon set last July 11. The current gasoline price is also down $1.23 from the same period last year.

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"Those two conditions are likely to be extended toward the spring season," Lundberg said, adding gasoline prices could climb between 5 and 25 cents in coming weeks.

Read more: http://news.yahoo.com/s/nm/20090308/us_nm/us_energy_gasoline_retail

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$1.79 here (nw Missouri)