Gas prices creep back towards $2

[Gunny]

February 8, 2009: 4:13 PM ET

(CNN) -- Gas prices jumped 6 cents over the past two weeks to a national average of $1.92 a gallon, according to a survey published Sunday.

That price is more than a dollar less than the price at the same time last year, said Trilby Lundberg, publisher of the Lundberg Survey. The average cost of a gallon of self-serve regular nationwide a year ago was $2.94.

Prices at the pump have been creeping back up after bottoming out at $1.62 seven weeks ago, Lundberg said. That low was down from record-high prices that reached more than $4 per gallon during the summer.

Gas prices creep back towards $2 - Feb. 8, 2009

 

[editec]

They're gearing up to take as much money as the stimulus will pump into the economy.

Whatever the market will bear and all that.