Gasoline Rises a Third Straight Week to $4.319 and September CPI Will Book It

The national average for a gallon of regular gasoline climbed to $4.319 in the week of September 14, the third straight weekly increase and the highest print since late May, according to the Energy Information Administration's weekly retail survey. A week earlier it was $4.157. Two months ago it was $3.777. A year ago this week it was $3.168, which makes the year-over-year gap 36 percent. That is not a rounding error on a household budget. It is a line item moving the wrong way at the worst time of year for it.
Key Takeaways Regular gasoline averaged $4.319 a gallon nationwide in the week of September 14, up from $4.157 the prior week and $3.168 a year earlier, a 36 percent year-over-year jum…
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