Monday, July 23, 2007

Gasoline Futures Fall on Speculation U.S. Inventories Increased Last Week

(Bloomberg) -- The average U.S. pump price for
regular gasoline fell 9.1 cents to $2.958 a gallon in the week
ended today, the biggest decline since Sept. 25, a government
report showed.

Prices were 4.5 cents a gallon lower than a year ago,
according to the weekly report from the U.S. Energy Department in
Washington. Diesel-fuel prices were unchanged at $2.889 a gallon,
according to the report, based on a survey of about 800 filling
stations.


Read more at Bloomberg Energy News

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