Gas Prices Soar 24 Cents in Two Weeks

Retail gas prices across the country jumped an average of nearly a quarter per gallon in the past two weeks, according to a survey released Sunday.

CAMARILLO, Calif. — Retail gas prices across the country jumped an average of nearly a quarter per gallon in the past two weeks, according to a survey released Sunday.

Self-serve regular averaged $2.91 a gallon, up from $2.67 two weeks ago, said Trilby Lundberg, who publishes the nationwide Lundberg Survey of 7,000 gas stations.

Also Sunday, OPEC President Edmund Maduabebe Daukoru predicted that oil prices would fall from their current high of just over $75 a barrel to stabilize in the "upper fifties to lower sixties."

Crude-oil prices hit a record Friday, fueled by concerns about Iran's nuclear ambitions and tight U.S. gasoline supplies.

Source: Fox News 

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