US gasoline prices up on Venezuela strike concern

Newswire

WASHINGTON, Dec 30 (Reuters) - U.S. retail gas prices gained 4 cents in the latest week as a strike in Venezuela kept crude oil prices high during the holiday season, the Energy Department said on Monday. The latest pump price in the United States, based on a weekly survey of more than 800 service stations by the department's Energy Information Administration, rose to an average of $1.441 per gallon. Crude oil, which accounts for 41 percent of the cost of gasoline, has risen to two-year ...

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