Skip navigation
Newswire

U.S. retail gasoline price at record $3.79/gln-EIA

WASHINGTON, May 19 (Reuters) - U.S. drivers are facing more sticker shock at the pump as the average price for gasoline soared 6.9 cents over the last week to a new record of $3.79 a gallon, the federal Energy Information Administration said on Monday.

The national price for regular, self-service gasoline is up 57 cents from a year ago because of rising crude oil prices that recently reached a record near $128 barrel at the New York Mercantile Exchange. (Reporting by Tom Doggett)