(Bloomberg) -- Record-high U.S. gasoline prices
appear to be due to refinery outages, increased demand and
decreased imports, the Federal Trade Commission said.
``The lion's share of the recent increase in gasoline prices
appears to be attributable to three factors: refinery outages,
increased demand for gasoline and decreased gasoline imports,''
William Kovacic, a commissioner with the FTC, said in prepared
comments to a House Energy subcommittee today.
Read more at Bloomberg Energy News
appear to be due to refinery outages, increased demand and
decreased imports, the Federal Trade Commission said.
``The lion's share of the recent increase in gasoline prices
appears to be attributable to three factors: refinery outages,
increased demand for gasoline and decreased gasoline imports,''
William Kovacic, a commissioner with the FTC, said in prepared
comments to a House Energy subcommittee today.
Read more at Bloomberg Energy News
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