OTHER NEWS - May 22, 1995

Gas Price Hike Averages 2.75 Cents a Gallon: The Lundberg Survey reported that the average overall price of gas, including self- and full-serve, stood at $127.69 a gallon in Friday’s survey of gasoline stations nationwide. That figure includes 41.5 cents in taxes. The increase was virtually the same as the increase two weeks earlier. “It’s clear that most or all of the current increase relates to strong seasonal demand for gasoline,” industry analyst Trilby Lundberg said. The average was nearly 14 cents higher than that for the May 20, 1994, survey, she said. Increases occurred virtually everywhere in the nation, she said.