Posts Tagged
gasoline prices
Soaring U.S. Gasoline Demand Isn’t Enough to Stop Supply Glut
published May 4th 2016, 8:23 pm, by Meenal Vamburkar and Laura Blewitt (Bloomberg) —The biggest increase in U.S. gasoline demand in almost 40 years hasn’t been enough to keep storage tanks from filling up. Gasoline imports into the U.S. East Coast are near the highest in seven months and American
Lundberg Says U.S. Gasoline to Extend Slump on Crude’s Rout
©2015 Bloomberg News NTJZCF6KLVR5 (Bloomberg) — U.S. gasoline prices at the pump will extend a decline after crude oil tumbled to a six-year low, said Trilby Lundberg, the president of Lundberg Survey Inc. “Retail price cuts are in the cards” for gasoline, Lundberg said Sunday in a telephone interview. “It