P.M. BRIEFING : Gas Climbs 3.6 Cents at Pumps
Gasoline prices at the pump rose 3.6 cents last week to an average of $1.346 for a gallon of self-serve regular unleaded, according to a nationwide survey reported today by the American Automobile Assn.
That puts gasoline 27.1 cents a gallon higher than it was on Aug. 1, the day before Iraq invaded Kuwait and threw world oil markets into chaos.
The average pump price remains below the highest ever recorded by AAA, which was $1.388 per gallon just before the 1981 Easter weekend.
Gasoline prices were up in all regions of the country, the AAA said in its latest survey.
The biggest price increase was found in the Great Lakes region, with sizable increases also reported in the mid-Atlantic states, the Midwest and the Southeast, AAA said.
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