Most Active Stories
- Money, Greed and Power Keep Chukchansi Casino Closed, Tribe Still Divided
- Drought: Tulare County Is “Blazing The Trail For The Rest Of California”
- Despite Smart & Final Setback, Swearengin Says Blackstone Vision Remains Sound
- An Average Of 15,000 Fresno Homes Breaking Lawn Water Rules
- Fresno's Anti-Blight Ordinance Passes First Test
Valley Public Radio Staff
Mon August 13, 2012
Originally published on Mon August 13, 2012 2:52 am
(SOUNDBITE OF MUSIC)
DAVID GREENE, HOST:
NPR's business news starts with a spike in gas prices.
Gasoline prices jumped 18 cents over the last couple of weeks. That's the biggest increase so far this year. The Lundberg Survey shows that heading into the weekend, the national average price of a gallon of self-serve was $3.69. Now, analysts say the spike is in part because of some refinery and pipeline issues around the country.
Also to blame, though, this summer's drought, particularly in the Midwest. It's pushing up the cost of corn-based ethanol. Transcript provided by NPR, Copyright National Public Radio.