By Brian L. Milne, Refined Fuels Editor, Telvent DTN Wholesale gasoline prices across the U.S. moved lower during the second full week of October, halting a march higher in gasoline costs that started in September. The decline in wholesale gasoline costs will pressure retail gasoline prices that have been moving sharply higher during a time…
Retail Gasoline Prices to Slide from Three-Month High
By Brian L. Milne, Refined Fuels Editor, Telvent DTN The U.S. average for all formulations of regular grade gasoline surged nearly a nickel to $2.783 gallon as of Aug. 9, according to the Energy Information Administration, the statistical arm of the Department of Energy. The price jump in retail was somewhat delayed from higher wholesale…