U.S. gasoline exports overshadow strong production

18 Aug 2017   exports

The production of gasoline in the United States is near a record high, though supply levels are under pressure from exports, a federal report said. “Gasoline production by U.S. refiners and blenders has run near record levels over the first seven months of 2017, with four-week rolling average production well above its five-year average and close to the top of its five-year range,” a daily brief from the U.S. Energy Information Administration read. Motor club AAA reports a national average retail price for a gallon of regular unleaded gasoline at $2.34 for Thursday, about 2 cents less than one week ago. The summer travel season in the United States, which runs through […]

Tags:

Comments are closed.