October 10th, 2010
03:53 PM ET

Gas prices up 8 cents a gallon in U.S. in two weeks

U.S. gas prices rose by 8 cents over the past two weeks, pushed up by a spike in crude oil prices, according to a new survey of filling stations.

The latest Lundberg Survey, conducted Friday, found the average price of self-serve regular gasoline was $2.77 per gallon.

That's 8 cents higher than from the last survey, two weeks ago, survey publisher Trilby Lundberg said.

FULL STORY


Filed under: Economy • Energy
soundoff (141 Responses)
  1. John in Cal

    If you believe we live in a free society then You're all fools. We are all the slaves to oil, wall street and big business. And this has been going on for along time, longer then we really know. It has been a gradual taking over of our government and now they rule. the unions have been busted because they help raise up a middle class society- so they were taken out. they bought our parties so they could write laws to their liking. Do any of you see the pattern? WE are SAVES and we better get use to it. this is no longer a free America. Even the tea baggers are being controlled without knowlege by these same folks. think about it. if you can so devide a country it's easier to take it over. any good commander knows this. No we are no longer a free society.

    October 10, 2010 at 10:50 pm | Report abuse |
  2. debra

    It has went up more than that here. The oil companies have been making record profits for years on the backs of poor Americans, and we have no recourse. The government could do something if it wanted to. Of course the oil companies have them under their thumb (who can forget that big business is running the show now, and who has the biggest business of all?) and there will be no viable alternatives until they say so. One of the biggest expenses I have is gasoline, which eats up a good portion of my take home, but cannot afford to move, hell i can barely afford to stay where I am.

    October 10, 2010 at 11:13 pm | Report abuse |
  3. kcrow

    The oil companies do this every election and the republicans use that as a tactic to trick us.prices do go back down just keep that in mind

    October 10, 2010 at 11:19 pm | Report abuse |
  4. phil

    After reading these posts, I'm amazed at how many of you believe the US is dependant on "Arabian" or middle-eastern oil, when that simply has never been the case. Sure! We get most of our oil from OPEC....Venezuela is an OPEc nation and supplies us with over 1/3 of our oil. No wonder most of you are happy to see troops constantly being deployed to the middle-east. You truly believe that's where the gas for your car comes from.

    October 10, 2010 at 11:21 pm | Report abuse |
  5. Brandon

    Politically motivated article, much?

    Gas prices fluctuate. It's $0.08 higher than two weeks ago, but also $0.10 lower than 2 months ago. They are still below $3.00 a gallon. If you people want to get political about this, and blame the president for gas prices, do you forget about the $4.00+ a gallon under Bush?
    It's not a political thing, you idiots. It happens. Your lives aren't ending because gas prices are not static. This is a useless article.

    October 10, 2010 at 11:48 pm | Report abuse |
  6. whitekong78

    We get most our Oil from Russia and Canada. The amount we get from the middle east is minuscule compared to them. Check your facts people. The war in Iraq was about Bush getting revenge for the attempted assassination on his daddy's life by Saddam. If daddy had finished the job originally when we actually had cause then we'd already be out. $0.08 rise in 2 weeks isn't that bad. Why doesn't ethanol flux as much? Its because there aren't as many people using it to affect the prices like Oil. Everything from plastics to ointments are made with oil.

    October 11, 2010 at 12:32 am | Report abuse |
  7. Matt

    Big deal CNN. I clearly remember paying more than $5 a gallon under Bush. Thanks for pointing out an 8 cent hike during the Obama administration, and completely ignoring the Bush Administration when we were getting fleeced year after year.

    -Matt

    October 11, 2010 at 1:04 am | Report abuse |
  8. Joe

    2 words: Peak Oil.
    2 more words: Supply & Demand.

    The world's using more oil and it's getting harder and harder to pull what's remaining from ever harder places to reach.

    If you think it's too expensive, USE LESS! buy an electric car, take public transit. It's only going to get way more expensive in the next few years and soon you'll be wishing it was only $5 a gallon.

    October 11, 2010 at 1:18 am | Report abuse |
  9. Tom

    There's only one good liberal response to this. It's Bush's fault!!!

    October 11, 2010 at 1:28 am | Report abuse |
    • Brandon

      Or, that it's nobody's fault and doesn't matter and the people seem to have forgotten the $4+ per gallon under Bush.

      October 11, 2010 at 2:07 am | Report abuse |
  10. mmi16

    To sound really cynical....

    It is big oils attemtp to influence the mid-term elections.

    October 11, 2010 at 1:57 am | Report abuse |
  11. Wade N Ginger N Eastman Georgia

    Well I still can't figure out just how we are having or ever had any gasoline shortage, It;s quite clear that right after Katrina gas went from a modest price of at least $1.25 or less. to an eye dropping $5.00 per gallon in places. and since then Katrina has some what faded,However she still lingers,But the gas prices have just dug in and never went back to a decent price. We as Americans can't afford this kind of money for gas.It is nothing but GREED from the oil companies.They are lining their pockets with our hard earned money. Do they not understand that the old saying ( You can't take it with you when you die ) Hey it's true.

    October 11, 2010 at 2:17 am | Report abuse |
  12. Jack

    My wife and I bought a motor home 1 yr ago to travel a bit since retierment. but now with the fuel prices up we will have to park/postpone more travel. We Have gone east to west and back severl times over the years and have seen quite a change in the way prices are distributed if you will. A couple of years ago the oil Co's changed their pricing to what is known as "zoning" ie–what they think the zone or area will/can/or should be able to pay........ there use to be known area's and or parts of STATES that had very different pricings, but now are much more in line. follow the prices from truck stop to truck stop on the East/West Interstates and you will see prices close the same. Get off the interstste and you will see upto 5-20 cent diff. Diesel pricing has seen the most "rapid change" in the past 45 days and also grocery price jumps. The media/senaters/congressmen/government etc are out in left field on the economy conditions that WE the people are confronted with and have to daily wonder how to get by. I could go on and on with how some of the people working in the government are so out of step with and have no clue with their oun system as my wife and I have a combined 46 yrs of working for and with with the Govt.

    October 11, 2010 at 2:32 am | Report abuse |
  13. Charlie

    Where are all the knuckleheads who blaming Bush for high prices just 3 years ago. They should now be blaming Obama. Under Bush the price went up $2 a gallon over 8 years. Under Obama it has gone up $1 in 18 months. At this rate it will go up to $5 in just 2 years.

    October 11, 2010 at 3:35 am | Report abuse |
  14. Rich

    One would believe that by now the oil companies would know how to handle supply an demand, seasonal change etc. THe reason they pretend to not adjust is due toprice gauging and their profit. Only reality other than that is they are idiots.

    October 11, 2010 at 4:07 am | Report abuse |
  15. phil

    @Rich, gas prices have little to do with supply and demand. There have not been any new refineries built in the USA for around 30 years. Imagine the price of electricity if no new powerplants had been built in the past 30 years. get it?

    October 11, 2010 at 5:23 am | Report abuse |
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