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U.S. Pump Prices Hit Highest Seasonal Level In A Decade
U.S. gasoline prices have declined slightly from their recent year-to-date high but remain at their highest summertime levels in over a decade even as the summer driving season comes to an end. National average gas prices in the United States currently stand at $3.803 per gallon, down from $3.829 a month ago but higher than $3.764 a year ago. Strong demand and a series of refinery outages are largely to blame for the recent rise, while tightening markets have also been pushing crude prices up. Delta's 185,000-barrel-per-day refinery in Trainer as well as Irving Oil's 320,000-barrel-per-day oil refinery in New ... (full story)