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Page added on February 1, 2007

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Gasoline prices have likely hit bottom, feds say

WASHINGTON – U.S. retail gasoline prices appear to have bottomed out now that crude oil costs are rising again, and pump prices are expected to start climbing, the government


The national price for regular unleaded gasoline remained at $2.17 a gallon for the second week in a row after falling some 14 cents during the prior two-week period.


There is some good news for drivers.


Even if gasoline prices rise over an extended period, the energy agency said it did not expect the average pump cost to



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