Including taxes, pump prices for regular unleaded gasoline at self-serve outlets will now range from 114.2 cpl to 115.8 cpl. In announcing the price adjustments, the Commission noted that, over the past 3 months, the combination of
have significantly impacted North American gasoline inventories. According to the U.S. Department of Energy, gasoline stocks are at the lowest level in 16 years. With the onset of the summer driving season, the market's concern for adequate supply has been reflected by escalated pricing in the commodities market where prices have increased by 4.5 cpl since mid-April. —30— Click here for published prices effective May 15, 2007
Posted: 2007/05/14 |