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Rick Faurot

10/12/04 8:32 PM

#11364 RE: Rick Faurot #11348

Gasoline Pump Price Highest Ever for October
Tue Oct 12, 2004 05:08 PM ET
By Tom Doggett

WASHINGTON (Reuters) - The national price for gasoline increased 5.5 cents over the last week to $1.993 a gallon, the highest pump price ever in October, while diesel fuel set a record for the third straight week, the U.S. government said on Tuesday.

The pump price for regular unleaded gasoline is up 43 cents from a year ago, according to the U.S. Energy Information Administration's nationwide survey of service stations.

The latest weekly gasoline price is just 7 cents away from the record pump price of $2.06 a gallon reached in late May.