On Sat, Jul 16, 2011 at 1:11 AM, John Sessoms <jsessoms...@nc.rr.com> wrote:

> After shooting up for the first six months of this year gasoline prices
> around here dipped back a week or so before the 4th of July weekend, but
> have since recovered back almost to their previous high levels. Admittedly
> it's subjective based on the prices I'm paying at the pump.
>
> Prices were up around 31% since the first of the year during the week after
> GFM, dropped back to only 20% higher by the 4th, but are now back around 30%
> higher today.

There was a release of oil from the Strategic Petroleum Reserve that
may have depressed prices briefly. The release was announced on June
23.

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