The US Atlantic Coast wholesale gasoline-pump price spread narrowed 8 cents/gal Monday to the lowest level since early April, according to US Energy Information Administration data and Platts assessments.
East Coast regular gasoline prices averaged $3.489/gal Monday, the EIA reported.
That is 64 cents/gal more than the Platts average regular gasoline assessment the same day, down from a spread of 72 cents/gal one week ago, data showed.
The spread has not been this narrow since hitting 55 cents/gal April 1.
The wholesale-pump price spread has averaged 71 cents/gal in 2013 to date, compared with 67 cents/gal in 2012 and 73 cents/gal in 2011, data show.
Source:
http://news.chemnet.com/Chemical-News/detail-1951909.html
