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Local Gas Prices The Department of Energy's Energy Information Administration (EIA) is attempting to forestall questions about the pain Americans are feeling at the gasoline pump. This August 27, 2003 edition of "This Week in Petroleum" spells out the facts bluntly: Between August 18 and August 25, the average retail price for regular gasoline in the United States rose by 12.0 cents per gallon, the largest weekly increase ever, in terms of both the absolute amount and the percentage increase (7.4 percent). Additionally, as of Aug. 25, the average retail price stood at 174.7 cents per gallon, the highest price ever recorded on EIA's retail price survey The EIA blames the price jump on a confluence of factors — a pipeline rupture in Arizona, the shutdown of three refineries during the recent blackout, and additional refinery problems in California. NOW's David Brancaccio offers an additional explanation.What does this all mean for the average driver? Well, that depends on where you reside. If you're in Chicago you can expect to pay $1.84 per gallon, in Cleveland, $1.76. Seattle residents will have to chock up $1.93 and in Los Angeles, $2.14. Phoenix residents now enjoy the dubious distinction of running neck in neck with California's usual national high — averaging of $2.12 for a gallon of regular unleaded on Thursday.
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Average Retail Gas Prices: August 25, 2003
Regular Grade
Dollars per gallon, including all taxes: |
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| California: this week/last week: |
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2.101 /1.920 |
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| Colorado: this week/last week: |
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1.649 /1.607 |
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| Florida: this week/last week: |
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1.688 /1.610 |
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| Massachusetts: this week/last week: |
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1.757 /1.585 |
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| Minnesota: this week/last week: |
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1.749 /1.601 |
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| Ohio: this week/last week: |
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1.741 /1.604 |
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| Texas: this week/last week: |
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1.581 /1.504 |
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| Washington: this week/last week: |
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1.945 /1.824 |
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You can find out the average price in your locale by using the AAA's Fuel Gauge Report. The AAA also offers tips on cutting gas consumption. Of course, when compared with gas prices in other countries — U.S. prices might not seem so bad.
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Gas Prices Worldwide: August 18, 2003
U.S. Dollars per gallon, including taxes |
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| Belgium: |
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4.21 |
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| France: |
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4.28 |
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| Germany: |
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4.65 |
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| Italy: |
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4.51 |
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| Netherlands: |
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5.02 |
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| United Kingdom: |
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4.55 |
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