· Regular unleaded gasoline prices at the pump rose a penny last week to an average $2.25 per gallon after the penny increase during the prior week. Average gas prices this month nevertheless fell two cents from the October average of $2.25 per gallon.

· Yesterday, the spot market (NY harbor) price for a gallon of regular gasoline was $1.63, unchanged from the average during last week. 

· Crude oil prices yesterday of $60.33 (5.2% y/y) for a barrel of WTI were up from the $57.65 averaged last week.

· The latest Short-Term Energy Outlook from the U.S. Energy Information Administration is available here. 

· How Resilient Is The Modern Economy to Energy Price Shocks? from the Federal Reserve Bank of Atlanta is available here.