Wednesday, August 17, 2011

Gas prices top $2 in Cincinnati, N. Ky. - Denver Business Journal:

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The average price for a gallon a regular gas in Cincinnatiwas $2.05 as of Thursdag morning, according to the ’s daily Fuel Gaugew Report. That compares with $1.74 on the same day in In Covington, the price for a gallon of regular was $2.01 versus $1.80 a month ago. prices are far below the $3.222 and $3.24 per gallon being paid by Cincinnatio andCovington drivers, respectively, on this date last Prices continued to streak upward from there, hittinb more than $4 per gallonb by July 4th. The AAA said in a commentary on its Web site that severalk factors are contributing to thecurrent rise.
A weakerf dollar makes investing in oil with foreign currencymore attractive, and optimism increasedx with the Obama plan to buy toxic assets and subsequent market rally. That drove the pricw of a barrel of crude oil upto $54 earlied this week, a high for 2008. There has also been a slight uptick in a trend that will likelu increase as the summer drivingseason approaches, AAA The national per-gallon price for a gallon of regular was $2.01q on Thursday morning, up from $1.90 a montnh ago, according to the Fuel Gauge Report, whic the AAA compiles in partnership with the .

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