Copyright 1999 The Seattle Times Company
The
Seattle Times
August 23, 1999, Monday Final Edition
SECTION: BUSINESS; Pg. C8; BUSINESS BRIEFS
LENGTH: 170 words
HEADLINE:
GAS PRICES STILL RISING AT PUMPS AS SUMMER
DRIVING ACTIVITY AT PEAK
BYLINE: SEATTLE TIMES NEWS
SERVICES
DATELINE: CAMARILLO, CALIF.
BODY:
CAMARILLO, Calif. - Gasoline prices continued
their upward trend in the past two weeks, spurred by high crude-oil prices and a
continuing demand from summer drivers, an industry analyst said yesterday. The
national weighted average on Friday, including all grades and taxes, was $ 1.31,
up 2.51 cents from the previous survey Aug. 6, said Trilby Lundberg, who
publishes the Lundberg Survey of 10,000 gas stations nationwide.
The
price continued a steady upward trend since mid-June, Lundberg said.
The
price per gallon for self-service gas in the past two weeks was: regular, $
1.256; mid-grade, $ 1.355; and premium, $ 1.44.
Full-service gas per
gallon was: regular, $ 1.582; mid-grade, $ 1.668; and premium, $ 1.742.
Lundberg said the upward trend could fade with the summer sun.
"As the so-called summer driving season ends and gas demand slacks off
after Labor Day, gasoline price increases will probably slow or disappear
altogether," she said. "That's if crude-oil prices don't rise further."
LOAD-DATE: August 24, 1999 
