record highs

Just 4-1/2 months after setting record highs, the average price of regular unleaded gasoline is above $2 a gallon in only 3 states and the District of Columbia, according to a survey released Sunday.

Gas prices are poised to shoot back towards record highs after Hurricane Ike's direct hit on the heart of the nation's oil refinery base, analysts said.

The price of oil is down more than 20 percent from record highs in July, when investors were worried about a shortage of oil, due of rising demand.

Now the focus is on falling demand, because of high energy costs. Still, gas prices are slowly coming down, with the average at $3.70, according to the latest national survey.

Gasoline prices have fallen nearly 40 cents a gallon from their record highs after 34 straight days of declines, according to a daily survey released Wednesday.

Ongoing concerns about oil supplies pushes the price of a barrel of crude to new record highs near $146 in the US.

Biology junior Maxim Polansky has incorporated a new strategy into his daily walking schedule to avoid too much outside heat exposure.

Regular self-serve gasoline price averages continued to close in on $4 per gallon this week across Texas for the first time. The Austin area is up almost eight cents.

Oil prices have rebounded following fresh worries over supplies, rising above $137 a barrel.

Texas retail gasoline prices set record highs daily this week, according to a weekly survey released Friday.

Retail gas prices didn't budge from the record high set Sunday, motorist group AAA's Web site showed Monday.

This breaks a streak of 26 days of increases and 25 days of record highs.