US resets inflation-adjusted peak gasoline price

Newswire

WASHINGTON, May 23 (Reuters) - The U.S. Energy Information Administration said on Wednesday it was revising up the inflation-adjusted peak price for retail gasoline. The Energy Department's analytical arm reported earlier this week that the national price for regular unleaded gasoline was at a record $3.218 a gallon. When rounded to the nearest penny, at $3.22, that matched the all-time inflation-adjusted price of $3.223 a gallon reached in March 1981 during the war between Iran and ...

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