As Libya Receives Sanctions, Gas Prices Jump After Biggest One Week Oil Rise in Two Years

After the biggest one-week rise in oil prices in two years, weekly gas prices increased 6 percent according to the Department of Energy today. The national average is $3.38 per gallon, an increase of 19 cents over the previous week and 68 cents from the previous year. The average price in California is $3.72 per gallon, one of the most expensive gas states. With the least expensive gas is the Rocky Mountain region at $3.18 a gallon. Crude oil futures traded at $97.10 a barrel in New York amid...Full Story
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