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The U.S. Energy Information Administration’s (EIA) latest fuel update showed that the U.S. regular gasoline price is in a declining trend. That update, which was released this week, put the price at $3.643 per gallon as of May 6, $3.608 per gallon as of May 13, and $3.584 per gallon as of May 20. The May 20 U.S. regular gasoline price was $0.050 higher than ...
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US natural gas futures climbed about 2% to a four-month high on Thursday on expectations utilities injected less gas into storage than usual for this time of year for a fourth week in a row. Analysts forecast US utilities added 85 billion cubic feet (bcf) of gas into storage during the week ended May 17. That compares with an increase of 97 bcf in the same ...