The average price of gasoline, including all grades and taxes, was about $1.46 per gallon on July 26, 2002. According to the Lundberg survey of 8,000 stations nationwide, this is an increase of 1.68 cents over the past two weeks. In addition, the Associated Press reported that the average pump price is now nearly identical to year-ago levels. Trilby Lundberg said the higher price reflects a closer balance between supply and demand and continued crude oil price strengths. The national weighted average price of gasoline at self-serve pumps was about $1.43 for regular, $1.53 for mid-grade, and $1.61 for premium, accord-ing to the survey.

Originally posted on Fleet Financials

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