Narrowing wholesale gasoline margins contributed to U.S. regular gasoline retail prices declining to an average of $2.29/gal in October, down from an average of $2.60/gal in the third quarter.
Rising crude oil prices, strong gasoline demand and ongoing refinery outages on the West Coast contributed to an increase in U.S.
The most recent data from the U.S.
Rising crude oil prices, strong demand for U.S. gasoline, and several refinery outages in the Midwest and West Coast contributed to an increase in U.S.
U.S. weekly regular gasoline retail prices reached a 2015 high of $2.78/gal on June 1, an increase of 37¢/gal from early April.
Rising crude oil prices and several California refinery outages contributed to an increase in U.S.
EIA expects that regular-grade gasoline retail prices will average $2.45/gal during the 2015 summer driving season (April through September), down from an average of $3.59/gal last summer.
U.S. average regular gasoline retail prices averaged $2.12/gal in January, the lowest monthly average since April 2009. The U.S.