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Gas prices rise above 8 cents in NEO



Published: Tue, November 1, 2011 @ 5:21 p.m.

Northeast Ohio gasoline prices soared 8.2 cents a gallon this week. The current average price for a gallon of regular, unleaded gasoline is $3.362.

According to AAA’s Fuel Gauge, Crude oil prices moved lower Monday, as the U.S. dollar strengthened versus currencies abroad. This continued the inverse relationship between the dollar and crude prices that has prevailed for much of this year. West Texas Intermediate crude oil settled down 13 cents at $93.19 per barrel at the close of yesterday’s formal trading on the NYMEX.

Crude oil prices have fluctuated over the past few weeks on positive news regarding the Greek debt crisis and renewed confidence in the euro zone recover plan. Gains were also realized with a number of positive third quarter earnings reported by U.S. companies.


Comments

1tommygc(25 comments)posted 2 years, 11 months ago

WHEN YOU THOUGHT YOU HEARD EVERY EXCUSE FOR GAS PRICES TO GO UP HERE COMES A NEW ONE , GREECE . WHAT DOES GREECE HAVE TO DO WITH OUR GAS PRICES IN NORTH EASTERN OHIO????????????

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2djicey99(50 comments)posted 2 years, 11 months ago

I know it's total horse Sh*t!!!! The gas companies do what the want with gas. by noon day trading if oil is up even 0.05% these stations will raise price 0.05 to 0.10 cents per gallon. but the next day, if oil prices go down, they leave the price up. this is plain and simple price pump goulging! no politician cares about us. not democrat nor republican. they could care less. we the people, are unable to come together on this issue. it's going to take a miracle for us to have true relief when it comes to paying for gas.
So what the general told my grandfathers company during the battle of the buldge, "Men, dig in, it's going to be a long , cold, hard fight!!!!!!"
but for us, its going to be a cold long and broke winter!!!!!! MErry Christmas!!!

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