FACTBOX-Peak US pump prices since the 1970s oil shocks

Newswire

April 25 (Reuters) - U.S. average gasoline prices could top $3.00 a gallon this summer for the third year running as refiners struggle to keep up with rising demand in the world's top consumer. The price of crude oil accounts for 52 percent of the retail price for gasoline, followed by 24 percent for refining costs, 15 percent for taxes and 9 percent for distribution and marketing. Following is a list of key U.S. gasoline price milestones: Record high: Average U.S. retail gasoline ...

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