Producer prices rose less than expected, with much of the hike coming from energy. Excluding food and energy, PPI fell 0.6% in the month. Overall, wholesale prices are up just 1.5% in the past year — still too close to deflati…
Natural gas prices have been persistently sluggish lately, but it looks like deal-making is revving up: The latest offer comes from the CEO of Exco Resources, Douglas Miller, who has offered to buy the energy company for $20.50…
There was modest good news on the inflation front in September as producer prices rose 0.4%, with the core rate rising 0.1% — two readings that suggest the nation is avoiding deflation, a period of sustained price declines that could push the nation …
The Organization of the Petroleum Exporting Countries will leave oil output unchanged, a delegate at the group’s current meeting told Reuters. Oil ministers apparently are not worried the weak dollar will drive up the price of …
The average price of regular gasoline jumped 8.23 cents in the last two weeks, fueled by a jump in crude oil prices.
The latest Lundberg Survey said that the price of a gallon of regular gasoline is now $2.77, The Associated Press reported.
San Francisco had the highest price of the cities surveyed, with a gallon of regular costing $3.08. Tucson, Ariz., had the lowest average…
Continue reading Gas Prices Rise 8 Cents, Fueled by Crude Oil Jump
Gas Prices Rise 8 Cents, Fueled by Crude Oil Jump originally appeared on DailyFinance on Mon, 11 Oct 2010 06:41:00.