No price spike expected
LOS ANGELES -- Gas prices nudged upward about half a penny in the last two weeks after dropping more than 20 cents since May 21, but another price spike is not expected due to a decline in crude oil prices, an industry analyst said Sunday.
The combined national average for all grades of gasoline was $1.91, said Trilby Lundberg, who publishes the semimonthly Lundberg Survey. The price was up from $1.90 on Aug. 13. The survey, taken Friday, polls about 7,000 gas stations across the United States.
Self-serve regular, the biggest seller, was $1.88.
Sentenced for wire fraud
SEATTLE -- A former chief financial officer at the golf apparel company Cutter & amp; Buck has been sentenced to three months in prison for covering up a multimillion-dollar accounting fraud.
Stephen Lowber, 53, said in court Friday that his inability to blow the whistle damaged his career, his standing in his church and his family name.
Lowber, who resigned in 2002, pleaded guilty to being an accessory after the fact to wire fraud.