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WORLD EVENTS AND CRUDE OIL PRICES HOW THEY AFFECT WHAT YOU PAY AT THE PUMP

On July 17, the Energy Information Administration (EIA) reported that the national average retail price of regular gasoline was .99 per gallon, up 1.6¢ from the previous week.

Source: http://www.ftc.gov/rss/text/gascolumn.xml

Gasoline or petrol is a petroleum-derived liquid mixture consisting mostly of hydrocarbons and enhanced with benzene or iso-octane to increase octane ratings, used as fuel in internal combustion engines.