facebook
twitter
rss
account
search
search
 

Slow slide for U.S. gasoline prices

June 18, 2013 at 8:04 AM   |   Comments

| License Photo
WASHINGTON, June 18 (UPI) -- The average U.S. retail price for a gallon of regular unleaded gasoline was down a penny as commuters settled into the work week, AAA reports.

AAA said the average retail price was $3.60 a gallon nationwide for regular unleaded Tuesday, down about a cent from Monday.

The Energy Information Administration, the U.S. Energy Department's statistical arm, reports an average price of $ 3.62 for Monday, down nearly 3 cents from the previous week.

AAA said drivers in the Great Lakes region paid the highest average price, with Illinois reporting an average $4.08 per gallon. The region is in the midst of a temporary price spike in part because of refinery issues in Chicago. South Carolina reported the lowest average price of $3.25 per gallon.

EIA said the average price for a gallon of gasoline as of Monday is 9 cents higher than the same time last year.

The Organization of Petroleum Exporting Countries said in its June oil market report there was ample supply of gasoline at the start of the summer driving season, which lasts from April through September in the United States.

In a short-term outlook report last week, the EIA predicted regular gasoline will average $3.53 a gallon for the summer driving season.

© 2013 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
Most Popular
1
BAE Systems wins naval support contract BAE Systems wins naval support contract
2
Verizon backing off plan to slow unlimited data Verizon backing off plan to slow unlimited data
3
Huntington Ingalls Industries cuts steel for new destroyer Huntington Ingalls Industries cuts steel for new destroyer
4
U.S. funds advanced solar energy research U.S. funds advanced solar energy research
5
Coca-Cola company, other soda makers, pledge to cut calories Coca-Cola company, other soda makers, pledge to cut calories
Trending News
x
Feedback