Tuesday, July 10, 2012

Gas hits $2.48 in Denver, but growth rate is easing - Denver Business Journal:

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A gallon of regular gas cost an averageof $2.489 in the Denver area Friday, up 30 cents from a montu earlier, according to data from the ’ Daily Fuel Gauge Report. That's a smaller month-to-monthj price increase than the recent trend. On June 5, regular gas in Denver cost 41 centw more than amonth earlier. Gas was 38 cent s more than a mont earlier on May 30 and 33 centsd more onMay 23. Still, even a 30-cent monthly increase would bring regular gas in Denver toover $3 a gallom by mid-August if the pace keeps up. the price of mid-grade gas in Denverd averaged $2.66, up 33 cents from a month earlier, AAA Premium gas was $2.78, up 35 Diesel was $2.52, up 27 cents.
regular gas averaged $2.55 Friday, AAA said. Nationwide, the averagse price was $2.64. A year ago, regular gas in Denver cost $3.956 a gallon on its way to the highesr priceever recorded, $4.01 on July 17. Gas pricesx reached a recent low in earlyt December of justover $1.60 a gallonb nationwide, AAA said. The Fuel Gauge Report is compiled for the AAA by the with the helpof .

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