EIA: U.S. Retail Gasoline Up 4.3cts to 9-Week High


   
Miguel E. Andujar
DTN Refined Fuels Market Reporter

   DAVENPORT, FL (DTN) -- U.S. pump prices for regular gasoline rose 4.3cts to 
$4.049 gallon during the week ended August 17, the highest level since the week 
ended June 15, when prices averaged $4.052 gallon, Energy Information 
Administration data showed Tuesday (8/18). The national average stands 92.4cts 
above levels seen during the previous year, with the latest increase snapping 
two consecutive weekly declines.

   Gulf Coast gasoline prices rose 7.9cts to $3.622 gallon, standing 87.7cts 
above levels seen during the previous year. The Rocky Mountain region posted 
the largest weekly increase nationwide, rising 16.4cts to $4.285 gallon, while 
Midwest gasoline registered the second-largest gain, increasing 12.2cts to 
$3.938 gallon.

   In contrast, New England recorded the largest weekly decline, falling 2.9cts 
to $3.946 gallon, followed by the Central Atlantic, where prices dropped 2.2cts 
to $4.038 gallon.




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