Gas Prices Continue to Rise, Oil Supply Drops - KCBD NewsChannel 11 Lubbock

The Energy Department says U.S. oil supplies fell last week for the third straight week. News of sliding inventories has been one factor sending prices toward $100 per barrel.

Stockpiles of gasoline also dropped, defying analyst estimates calling for a slight increase.

At the pump, AAA and the Oil Price Information Service say gas prices rose nearly 2 cents overnight to more than $3.04 a gallon for regular-grade.

Here in Lubbock, prices range between $2.91 and $3.09 per gallon of regular unleaded.

get more>> Web Enhanced Lubbock Motorists Track Cheapest Gas Prices As Lubbock gas prices inch toward the three dollar mark, help Lubbock track the cheapest gas prices in town.