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U.S. retail gasoline price at record $3.72/gln-EIA

Tue May 13, 2008 1:43am IST
 
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WASHINGTON, May 12 (Reuters) - U.S. drivers dug deeper in their pockets to fill up at the pump, as the average price for gasoline skyrocketed 10.9 cents over the last week to a new record of $3.72 a gallon, the federal Energy Information Administration said on Monday.

The national price for regular, self-service gasoline is up 62 cents from a year ago due to soaring crude oil prices that hit a record $126.40 a barrel at the New York Mercantile Exchange on Monday. (Reporting by Tom Doggett)

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