Recent Updates

  • China: 70-City Property Prices (Sep), Capacity Utilization, GDP (Q3)
  • US: Regional Retail Sales (Sep)
  • Spain: Motor Vehicle Registrations (Sep)
  • Canada Regional: CPI by Province (Sep), Retail Trade by Province (Aug)
  • Canada: CPI (Sep), Retail Trade (Aug)
  • Ireland: General Government Debt, General Government Transactions (Q2)
  • Latvia: PPI (Sep)
  • more updates...

Economy in Brief

Gasoline Prices Up Again
by Tom Moeller December 19, 2006

Pump prices for regular unleaded gasoline rose three cents last week to an average $2.32 per gallon. That left this month's average price for gasoline up seven cents from the November average of $2.23.

The spot market (NY harbor) price for a gallon of regular gasoline has surged recently with the price yesterday at $1.74 per gallon versus an average $1.66 last week.

Oil prices also have been firm with the price yesterday for WTI crude at $62.22 (8.5% y/y).

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

Weekly Energy Prices 12/18/06 12/11/06 Y/Y 2005 2004 2003
US Retail Gasoline Price, Regular $2.32 $2.29 4.9% $2.27 $1.85 $1.56
large image