Higher refinery costs could increase summer gasoline prices says US EIA

Sharing is Caring!

Average monthly prices for regular-grade retail gasoline in the U.S. could increase by more than $0.10/gal if refinery output is lower than expected, according to an analysis published by the U.S. Energy Information Administration (EIA).

See also  US food prices surge nearly 17% in 4 months, echoing 2023's average.

In the EIA’s May Short-Term Energy Outlook (STEO), which serves as the Base case for analysis, the EIA forecast summer regular retail gasoline prices will average about $3.70/gal.

www.hydrocarbonprocessing.com/news/2024/05/higher-refinery-costs-could-increase-summer-gasoline-prices-says-us-eia/

See also  There is ZERO fear in equities right now as this chart warns of an impending financial implosion.
Views: 65

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.