Gas Prices Up and National Motor Gas Inventories Down

Gas prices are up while gas inventories are down. That may mean extra trouble to drivers with just five weeks to go before the summer driving season begins on Memorial Day weekend. In last eight weeks, gas inventories have dropped 32.8 million barrels, about 10 percent, according to data from the Energy Information Administration. Total motor gasoline in the U.S. was 208.1 million barrels for the week ending April 15, a decrease of 7.5 percent from a year ago. Inventory was 240.9 million...Full Story
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