The Traderszone Network

Published in TZ Latest News 23 August, 2015 by The TZ Newswire Staff

Average U.S. gas price steady over past two weeks: Lundberg survey

While a rebound in gasoline supply has helped lower prices in California, motorists elsewhere in the country reeled from increases as the largest crude distillation unit of BP PLC’s (BP.L) Whiting, Indiana refinery remained closed for repairs. “From here, big retail gasoline price cuts are very likely, unless crude oil prices reverse course and climb back up to the May and June levels,” said survey publisher Trilby Lundberg in Camarillo, California.