US avg gasoline price jumps to $2.07/gal - analyst

Newswire

NEW YORK, May 23 (Reuters) - The average U.S. retail gasoline price hit $2.0744 a gallon on May 21 amid higher crude oil prices and U.S. demand, and may rise further if oil production is kept low, an industry analyst said on Sunday. The national average for self-serve regular unleaded gas jumped more than 14 cents per gallon from two weeks ago, according to the nationwide Lundberg survey of about 8,000 gasoline stations. The price has spiked 59 cents per gallon since its recent lows on ...

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