Retail Gasoline in U.S. Rises to Record High for Season
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Retail gasoline in the U.S. rose to a seasonal high after refinery upsets cut fuel supplies and crude traded near a three-month high.
The national average price for regular gasoline gained 2.3 cents to $3.744 a gallon this week, and was up from $3.581 a year ago, the Energy Information Administration said in a report yesterday. That’s the highest level for this season since at least 1990, when the agency began collecting prices.