| U.S. retail gasoline prices hit a record high for the | | | | gallon. |
| second week in a row and matched the | | | | The latest EIA pump price also equals the all-time high |
| inflation-adjusted peak reached in the early 1980s | | | | fuel cost of $3.22 a gallon, when adjusted for inflation, |
| during the Iran-Iraq war, the government said on | | | | reached in March 1981 after war erupted between Iran |
| Monday, as concern about low motor fuel supplies | | | | and Iraq. |
| pushed up pump costs. | | | | Gasoline prices have skyrocketed $1.05 a gallon since |
| The average price for regular unleaded gasoline | | | | the beginning of February and are up 33 cents from a |
| soared 11.5 cents over the last week to a fresh record | | | | year ago. |
| of $3.22 a gallon, according to the federal Energy | | | | With several large refineries down this spring for |
| Information Administration's nationwide survey of 800 | | | | maintenance or shut by problems, gasoline production |
| service stations. | | | | has been reduced, cutting into available supplies. |
| The much larger Lundberg industry survey of 7,000 | | | | However, the high pump prices are attracting gasoline |
| stations showed the national price of gasoline jumped | | | | imports, which recently hit the fifth highest weekly level |
| 11.4 cents over the last two weeks to a record $3.18 a | | | | ever at 1.5 million barrels a day. |