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Economy in Brief

Gasoline Prices Rose Again
by Tom Moeller February 13, 2007

Unleaded gasoline prices at the pump rose for the second straight week and the nickel increase to an average $2.24 per gallon was to the highest level in a month.

Colder temperatures have lent strength both to crude oil prices which rose to $59.00 per barrel yesterday and to natural gas prices which rose yesterday to $8.25 mmbtu (5.9 y/y).

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

The Daily and Policy-relevant Liquidity Effects from the Federal Reserve Bank of St. Louis can be found here.

Weekly Energy Prices 02/12/07 02/05/07 Y/Y 2006 2005 2004
US Retail Gasoline Price, Regular $2.24 $2.19 -1.9% $2.57 $2.27 $1.85
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