Providing coverage of Alaska and northern Canada's oil and gas industryApril 2003
| Vol. 8, No. 17 | Week of April 27, 2003 |
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EIA says gasoline prices hit 2003 peak at $1.72
Petroleum News Staff
The Energy Information Administration believes U.S. gasoline prices have peaked for 2003 at $1.72 per gallon, despite uncertainties in the crude oil market and the refining/distribution system. It forecast demand for the summer driving season will reach a record 9.18 million barrels per day, up 1.6 percent from 2002. Net imports of gasoline are expected to reach 746,000 barrels per day.
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