UPDATE 1-Hawaii to cap wholesale gasoline prices

Newswire

(Adds quotes, details, changes dateline from NEW YORK) HONOLULU, Aug 25 (Reuters) - Hawaii will put caps on the price of wholesale gasoline starting next week in an effort ease the pain of soaring costs at the pumps, the state's Public Utilities Commission said. It will be the first time a state has imposed limits on gasoline prices since the energy crisis of the 1970s and comes as retail fuel prices soar to record highs. The caps on wholesale gasoline prices will be set weekly by the ...

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