New Records Continue to Haunt Pumps as the Start of the Vacation Season Creeps Closer

The price of bulk oil – yet again – continues to rise to new heights as it reaches near $128 a barrel, pushing the average to roughly $3.79 per gallon. The price of diesel fuel has also gone up to due to China’s demand to refuel their power plants in light of this week’s earthquake. This news comes as President Bush journeys to Saudi Arabia to push the production of oil in the Middle East. Analysts expect the national average for gas to reach $4 a gallon within the coming weeks, though some states are already paying that.