Gasoline Prices Keep Moving Higher
(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.
NPR transcripts are created on a rush deadline by a contractor for NPR, and accuracy and availability may vary. This text may not be in its final form and may be updated or revised in the future. Please be aware that the authoritative record of NPR's programming is the audio.